SR&ED Tax Credits
Turn Innovation into Refunds. No Approval, No Fee.
Canada's largest federal tax incentive for innovation. If your business solves technical problems, builds new systems, or improves existing products, you could be getting cash back from the CRA. We work on contingency. You pay nothing until your claim is approved.
Does Your Project Qualify?
Technological Uncertainty. You faced challenges that couldn't be solved by standard practices.
Technological Advancement. You developed or improved knowledge, processes, or materials.
Systematic Investigation. You followed a structured, documented approach to testing and learning.
You don't need a lab coat or a research department. If you're building technology, engineering solutions, or improving processes through trial and error, you may qualify.
How It Works
1. Book a free SR&ED consultation.
2. We review your projects for eligibility and identify qualifying costs.
3. Your dedicated SR&ED CPA and technical writer prepare the claim.
4. We submit with your corporate tax return and manage all CRA communications.
5. You receive your SR&ED refund once approved.
Our Fee: 20% of Approved Credits
No approval, no fee. We take on the risk. You keep 80% of every dollar the CRA approves. If your claim isn't approved, you owe us nothing.
BOOK YOUR FREE SR&ED CONSULTATIONFind out how much your innovation is worth.
SR&ED Tax Credit FAQs:
Expert Insights for Scientific Innovators
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The Scientific Research & Experimental Development (SR&ED) program is a federal tax incentive that rewards Canadian businesses for developing or improving products, processes, or technologies. It provides cash refunds or tax credits for eligible R&D expenses.
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Any Canadian-controlled private corporation (CCPC), partnership, or sole proprietorship that performs eligible research and development in Canada may qualify. Even small businesses without formal labs or engineers can be eligible if they’re solving technical problems.
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Eligible work must involve:
A technological uncertainty (a problem with no known solution).
A technological advancement (creation of new knowledge or improvement).
A systematic investigation (testing, experimentation, and documentation).
Software development, manufacturing improvements, product design, and material innovation are common examples.
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You can claim employee salaries, contractor fees, materials, and a portion of overheads related to R&D work. Some prototype costs, testing supplies, and even cloud computing fees may also qualify.
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Most Canadian-controlled private corporations can receive up to 35% refundable tax credits on eligible SR&ED expenses, plus additional provincial incentives.
Larger or foreign-owned companies can still benefit through non-refundable credits. -
Not at all. Many SR&ED claims come from software developers, manufacturers, and startups. The key is technical uncertainty, not having a lab, PhD, or white coat.
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You can file or amend an SR&ED claim within 18 months after your corporate tax year-end.
For example, if your fiscal year ended December 31, 2023, you have until June 30, 2025 to file. -
The CRA may assign a technical reviewer or financial auditor to verify your claim. They’ll look at your project documentation, employee timesheets, invoices, and experimental evidence.
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Keep project notes, design files, test results, prototypes, meeting logs, and payroll records. Anything that shows the problem, your approach, and the results helps support your claim.
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Processing times vary. If your company is up to date with CRA filings, refunds are usually received within 60–120 days after submission.
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You’ll receive written reasons from the CRA. We can help you request a second administrative review or appeal to the Tax Court of Canada if necessary.
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Refundable credits: Paid out even if you owe no taxes (for eligible CCPCs).
Non-refundable credits: Reduce taxes payable but can’t create a refund.
We’ll determine which applies to your company during your consultation.
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Yes. Startups often receive cash refunds because the program is designed to support innovation, not just profitability. Even pre-revenue companies can claim SR&ED.
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Possibly. Other grants may reduce the eligible amount but don’t automatically disqualify you. We’ll coordinate your SR&ED with IRAP, CMF, or provincial grants to avoid double-dipping.
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We handle everything, eligibility assessment, technical report preparation, cost analysis, filing, and CRA representation.
Our team ensures your claim is complete, defensible, and optimized for maximum refund.
Best of all: no approval, no fee.
Still have questions? We'll answer them on the call.