Federal and Provincial Tax Forms List in Table

JurisdictionSchedule Title /NumberDescription and Link to FormProvincial SR&ED SummarySR&ED Amount
AlbertaAB Sch. 29Alberta Innovation Employment Grant (IEG)The Innovation Employment Grant provides qualified corporations with:

An 8% payment for eligible R&D spending carried out in Alberta, up to the corporation’s base level of spending.

An enhanced 20% payment for eligible R&D spending that exceeds the corporation’s base spending level.

A firm’s base level of spending is determined by calculating the corporation’s average qualifying R&D spending over the previous 2 years.

The grant provides benefits on up to $4 million in annual R&D spending.

The Innovation Employment Grant is delivered through the corporate tax system and does not follow a formal application process. Eligible corporations will be able to claim the grant when they file their annual corporate tax returns.

More can be found on the Government of Alberta website.
8%-20% (after January 1, 2021)
AlbertaAB Sch. 29 LISTINGListing of IEG projects claimedThe Innovation Employment Grant provides qualified corporations with:

An 8% payment for eligible R&D spending carried out in Alberta, up to the corporation’s base level of spending.

An enhanced 20% payment for eligible R&D spending that exceeds the corporation’s base spending level.

A firm’s base level of spending is determined by calculating the corporation’s average qualifying R&D spending over the previous 2 years.

The grant provides benefits on up to $4 million in annual R&D spending.

More can be found on the Government of Alberta website.
British ColumbiaBC Sch. 425 - T666British Columbia (BC) Scientific Research and Experimental Development Tax CreditThe British Columbia scientific research and experimental development tax credit is administered by the Canada Revenue Agency (CRA) and is refundable for Canadian-controlled private corporation (CCPC)s up to 10% of the expenditure limit (i.e., $3m x 10% = $300,000) and non-refundable otherwise at a rate of 10% of scientific research and experimental development (SR&ED) qualified British Columbia expenditures.


More information is on the British Columbia website.
10%
ManitobaMB Sch. 380Manitoba Research and Development Tax Credit (2017 and later tax years)The Manitoba research and development tax credit is administered by the CRA.

The tax credit for research and development carried on in Manitoba under an eligible contract with a qualifying research institute is fully refundable. When eligible research and development is not undertaken under an eligible contract with an institute, 50% of the tax credit amount is refundable, the rest is non-refundable.

More information about claiming SR&ED in Manitoba can be found on the Manitoba business website.
The amount of the credit is equal to 15% of eligible expenditures.

When eligible research and development is not undertaken under an eligible contract with an institute, 7.5% of the tax credit amount is refundable, and 7.5% is non-refundable.
Newfoundland and LabradorNL Sch. 301Newfoundland and Labrador Research and Development Tax Credit (2004 and later taxation years)The Newfoundland and Labrador research and development tax credit is administered by the CRA and is fully refundable at the rate of 15% of eligible expenditures.

More information about claiming SR&ED in Newfoundland and Labrador can be found on the Newfoundland and Labrador Finance website.
15%
New BrunswickNB Sch. 360New Brunswick Research and Development Tax Credit (2011 and later tax years)The New Brunswick research and development tax credit is administered by the CRA and is 15% Refundable on eligible expenditures incurred within New Brunswick.

More information about claiming SR&ED in New Brunswick can be found on the New Brunswick website.
15%
Northwest Territories

None.

Nova ScotiaNS Sch. 340Nova Scotia Research and Development Tax Credit (2002 and later taxation years)The Nova Scotia research and development tax credit is administered by the CRA and is fully refundable at the rate of 15% of eligible expenditures.


Some more information is on the Nova Scotia Finance website.
15%
Nunavut

None.

OntarioON Sch. 508Ontario Research and Development Tax Credit The Ontario research and development tax credit (ORDTC) is administered by the CRA. Qualifying corporations can claim a non-refundable tax credit on eligible scientific research and experimental development expenditures performed in Ontario to reduce their Ontario corporate income tax payable. The tax credit rate is 3.5%.3.5%
OntarioON Sch. 566Ontario Innovation Tax Credit The Ontario innovation tax credit (OITC) is administered by the CRA. Qualifying corporations can claim a refundable tax credit for qualified expenditures on scientific research and experimental development performed in Ontario. The tax credit rate is 8%.8%
OntarioON Sch. 568Ontario Business-Research Institute Tax CreditThe Ontario Business Research Institute Tax Credit (OBRITC) is administered by the CRA. Qualifying corporations can claim a 20% refundable tax credit for qualified expenditures on scientific research and experimental development performed in Ontario.

Find more information on Ontario Business Research Institute Tax Credit here.
20%
OntarioON Sch. 569Ontario Business-Research Institute Tax Credit Contract Information You must complete a copy of Schedule 569, for each eligible contract entered into with an eligible research institute.

Find more information on Ontario Business Research Institute Tax Credit here.
Prince Edward Island

None.

QuébecRD-222Deduction respecting scientific research and experimental development expendituresFor information with respect to Quebec's research and development (R&D) tax credits, please visit the provincial Web site at:
Scientific Research and Experimental Development – Quebec (French Only (Seulement en français.))
QuébecRD-1029.7Tax credit for salaries and wages (R&D)For eligible R&D salaries incurred by the corporation and eligible expenditures incurred under a research contract entered into, the base rate of the tax credit is 14%. This rate may be increased to 30% if the corporation is a Canadian-controlled corporation whose total assets for the preceding taxation year, including that of associated corporations, are $50 million or less. When the company's total assets range from $50 million to $75 million, the 30% rate is reduced on a straight-line basis. The increased rate applies to expenditures limited to $3 million.

For information with respect to Quebec's research and development (R&D) tax credits, please visit the provincial Web site at:
Scientific Research and Experimental Development – Quebec (French Only (Seulement en français.))
14% - 30%
QuébecRD-1029.7.8Agreement between associated corporations regarding the expenditure limit (French Only (Seulement en français.))For information with respect to Quebec's research and development (R&D) tax credits, please visit the provincial Web site at: Scientific Research and Experimental Development – Quebec (French Only (Seulement en français.))
QuébecRD-1029.8.6Tax credit for university research or research carried out by a public research centre or a research consortiumFor eligible expenses incurred by the corporation in respect of a research contract entered into after that day, the base rate of the tax credit is 14%. This rate may be increased to 30% if the company is a Canadian-owned company with total assets for the previous tax year, including associated companies, is 50 million or less. When the company's total assets range from $ 50 million to $ 75 million, the 30% rate is reduced on a straight-line basis. The increased rate applies to expenses limited to $ 3 million, even if the corporation applies for the tax credit in respect of more than one research contract.

For information with respect to Quebec's research and development (R&D) tax credits, please visit the provincial Web site at:
Scientific Research and Experimental Development – Quebec (French Only (Seulement en français.))
14% - 30%
QuébecRD-1029.8.9.03Tax credit for fees and dues paid to a research consortiumThe corporation may claim a tax credit equal to 14%. This rate may be increased to 30% if the company is a Canadian-owned company with total assets for the previous tax year, including associated companies, is 50 million or less. When the company's total assets range from $ 50 million to $ 75 million, the 30% rate is reduced on a straight-line basis. The increased rate applies to expenditures limited to $ 3 million.

For information with respect to Quebec's research and development (R&D) tax credits, please visit the provincial Web site at:
Scientific Research and Experimental Development – Quebec (French Only (Seulement en français.))
14% - 30%
QuébecRD-1029.8.16.1Tax credit for private partnership pre-competitive researchFor eligible expenses incurred by the corporation in respect of a partnership agreement entered into after that day (or the renewal or extension of a partnership agreement entered into after that day), the basic rate of the credit Tax is 14%. This rate may be increased to 30% if the company is a Canadian-owned company with total assets for the previous tax year, including associated companies, is 50 million or less. When the company's total assets range from $ 50 million to $ 75 million, the 30% rate is reduced on a straight-line basis. The increased rate applies to expenses limited to $ 3 million, even if the corporation applies for the tax credit in respect of more than one partnership agreement.

For information with respect to Quebec's research and development (R&D) tax credits, please visit the provincial Web site at:
Scientific Research and Experimental Development – Quebec (French Only (Seulement en français.))
14% - 30%
SaskatchewanSK Sch. 403Saskatchewan Research and Development Tax Credit

The Saskatchewan research and development tax credit is administered by the CRA.

The eligible R&D expenditures of Canadian-controlled private corporations (CCPC), except for tax exempt corporations, qualify for a 10% refundable R&D tax credit subject to an annual limit of $1 million in eligible expenditures and to a 10% non-refundable R&D tax credit for the portion of eligible expenditures in excess of the $1 million annual limit.

For the other corporations, the Saskatchewan R&D tax credit remains a non-refundable tax credit at the rate of 10% on eligible expenditures incurred in Saskatchewan.

More information about claiming SR&ED in Saskatchewan can be found on the Saskatchewan website.
10%
YukonYT Sch. 442Yukon Research and Development Tax CreditThe Yukon research and development tax credit is administered by the CRA and is refundable at the rate of 15% of eligible expenditures. An additional 5% is available on amounts paid or payable to the Yukon College.15%
FederalT2038(IND)Investment Tax Credit (Individuals)
FederalT2SCH31Investment Tax Credit - Corporations
FederalT661Scientific Research and Experimental Development (SR&ED) Expenditures Claim
FederalT1Income Tax and Benefit Return
FederalT2Corporation income tax returnThe CRA provides two different T2 returns:
1. T2 Corporation Income Tax Return – This is an 8-page return that can be used by any corporation.
2. T2 Short Return – This is a 2-page return plus three schedules. See Guide T4012, T2 Corporation Income Tax Guide to check if you are eligible to use this return.
FederalT3RET T3Trust Income Tax and Information Return
FederalT5013Partnership Information Return
The CRA has also created a summary of provincial and territorial research & development (R&D) tax credits.

To learn more about how to apply for the SR&ED tax credit, sign up to our “Comprehensive Guide to SR&ED” now!

Link to get access to SR&ED Education and Reasource's "Comprehensive Guide to SR&ED"

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