SR&ED - Scientific Research Tax Credits

Unlock CRA Corporate Refunds

The SR&ED (Scientific Research & Experimental Development) tax credit program is Canada’s largest tax incentive initiative. It rewards corporations for the expenses incurred while pursuing advancements in knowledge in the fields of science, technology, or medicine.

Do You Qualify for SR&ED?

To qualify for SR&ED, your project must meet three criteria:

  • Scientific uncertainty and technological obstacles.
  • Scientific or technological advancement.
  • Systematic investigation (with Technical Content).

SR&ED Claim Process

Your SR&ED claim can be based on actual expenses or through the Proxy method. Applications for SR&ED funding are submitted with your corporate tax return. If approved, you could receive generous SR&ED tax incentives plus interest from the CRA.

While the process may seem straightforward, navigating it effectively often requires expert assistance. Our experienced team is here to help you through every step.

Facing a CRA Scientific Auditor?

If selected for review by a CRA scientific auditor, they will evaluate your project, internal documents, prototypes, and expense invoices to ensure compliance with SR&ED guidelines. You’ll need detailed evidence and documentation to support your claim.

No Approval, No Fee

We operate on a contingency fee basis, meaning you only pay us once your claim is accepted by the CRA. Our fee is 20% of your approved tax credits—if you don't get approved, you pay nothing!

Next Steps

  1. Book a call with us
  2. Check your eligibility for SR&ED (Meet the 3 criteria test).
  3. Meet your dedicated SR&ED team.
  4. Get your application ready and submit to the CRA.
  5. Wait for CRA processing and approval.
  6. Receive your SR&ED refund cheque.

SR&ED Tax Credit FAQs:
Expert Insights for Scientific Innovators

  • The Scientific Research & Experimental Development (SR&ED) tax credit program is Canada’s largest tax incentive initiative. It rewards corporations for their expenses incurred while conducting research and development in the fields of science, technology, and medicine.

  • To qualify for SR&ED, your project must meet three criteria:

    • There must be scientific uncertainty and technological obstacles.

    • Your project should result in scientific or technological advancement.

    • It must involve a systematic investigation with technical content.

  • Your SR&ED claim can be based on actual expenses or through the Proxy method. Claims are submitted with your corporate tax return. Our experienced team can assist you in preparing and submitting your claim effectively.

  • If your claim is selected for review by a CRA scientific auditor, they will examine your project, internal documents, prototypes, and expense invoices. It’s essential to have detailed evidence and documentation to support your claim. Our team can help you navigate this process to ensure compliance.

  • We operate on a contingency fee basis. You only pay us once your claim is accepted by the CRA. Our fee is 20% of the approved tax credits. If your claim is not approved, you pay nothing!

  • To begin, you can book a call with us. We’ll check your eligibility for SR&ED, meet your dedicated SR&ED team, and help you prepare your application for submission to the CRA.

  • The processing time can vary, but after submitting your application, you will need to wait for the CRA to process and approve your claim. Our team will keep you updated throughout the process.

  • Eligible expenses can include wages for employees involved in R&D, materials used in the research process, overhead costs, and certain types of contracts. Our team can help identify and maximize the eligible expenses in your claim.