Basic SR&ED Refund Calculator

Last Update: August 28, 2018. 

This calculator is meant to provide a quick, unofficial look at how much your business could potentially recover using the SR&ED program. We built it to give your company an easy way to get an idea of what SR&ED could offer so you can gauge if pursuing a claim is in your best interest.

This is by no means a complete or accurate calculation. There are a few assumptions that are made & limitations:

  • Your fiscal year end is December 31st.
  • Specified employees are not treated separately from unspecified employees.
  • No distinction is made between materials consumed and materials transformed.
  • In years where provincial tax credit rates change, the percentage has been pro-rated.
  • Capital Expenditures are excluded, even in provinces that still offer this incentive.
  • Additional top-ups dependent on specific contracts with research institutions have been excluded.
  • Expenditure limits and business size are not accounted for.

Despite these limitations, we hope you will find this helpful when determining whether it’s worth pursuing this tax credit.

Advanced SR&ED Refund Calculator

This calculator is designed for consultants and advanced users who need to provide estimates, but don’t want to input all the variables into their accounting software. This calculator:

  1. Allows users to select their exact fiscal year end,
  2. Incorporates Contract Payments,
  3. Calculates the federal SR&ED expenditure limit,
  4. Calculates the provincial expenditure limit,
  5. Incorporates labour costs incurred outside of the province but within Canada,
  6. Allows users to waive the ORDTC if desired (Ontario only),
  7. Calculates the SR&ED tax credits for large CCPCs (previously only for small CCPC),
  8. Calculates the SR&ED tax credits for non-CCPCs,
  9. Calculates the refundable and non-refundable portions of the SR&ED tax credits for large CCPCs,
  10. Calculates the refundable and non-refundable portions of the SR&ED tax credits for non-CCPCs.

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Disclaimer
These calculators are for informational purposes only and do not constitute an actual estimate.

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