Scientific Research and Experimental Development (SR&ED) Tax Incentive Program

To offer financial assistance in the form of tax credits to Canadian businesses conducting scientific research and experimental development in Canada.
  • Canada Revenue Agency
Overview of the Scientific Research and Experimental Development (SR&ED) Tax Incentive Program program:

The Scientific Research and Experimental Development (SR&ED) tax incentives are intended to encourage businesses to conduct research and development in Canada. Corporations, individuals, trusts, and partnerships that conduct eligible work may be able to claim SR&ED tax incentives for the year.

Benefits of the Scientific Research and Experimental Development (SR&ED) Tax Incentive Program program:
  • Canadian-controlled private corporations may receive an investment tax credit of 35% up to the first $3 million and of 20% on any excess amount. Canadian corporations, proprietorships, partnerships, and trusts can earn an ITC of 20% of qualified expenditures. Eligible expenditures include salaries and wages, materials, SR&ED contracts, lease costs of equipment, overhead, third-party payments, and capital expenditures.
Eligibility criteria of the Scientific Research and Experimental Development (SR&ED) Tax Incentive Program program:
  • Eligible work:
  • Basic Research
  • Applied Research
  • Experimental development
  • Support work
  • Eligible support work:
  • Engineering
  • Design
  • Operations research
  • Mathematical analysis
  • Computer programming
  • Data collection
  • Testing
  • Psychological research
  • For your work to be eligible for SR&ED tax incentives, it must be conducted in Canada and meet both of the following requirements:
  • The work must be conducted for the advancement of scientific knowledge or for the purpose of achieving a technological advancement
  • The work must be a systematic investigation or search that is carried out in a field of science or technology by means of experiment or analysis
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