SR&ED Education & Resources
What is SR&ED?
The Scientific Research and Experimental Development (SR&ED) tax incentive program is a federal tax incentive program designed to encourage Canadian businesses of all sizes and in all sectors to conduct research and development (R&D) in Canada. Each year, the SR&ED program provides over $3 billion in tax incentives to over 20,000 claimants. Of these, about 75% are small businesses.
Many businesses confuse innovation with SR&ED – but the policies that govern SR&ED are very strict. If you believe SR&ED and innovation are the same, you may be in for a surprise!Â
Let’s be honest: This is a challenging tax credit. We have everything you need to know about the SR&ED Tax Incentive Program.
How can the SR&ED program improve your bottom line? Use our online calculator to determine how much you could receive in tax credits.
Need a little support navigating the SR&ED program? We can help with our Comprehensive Guide to SR&ED.Â
Our Latest Articles
SR&ED in the Fall Economic Statement (2024) – December 16, 2024
On December 16, 2024, the Liberal government released the Fall Economic Statement (2024) – but without the Minister of Finance
Significant Enhancements to SR&ED Program Announced (2024)
Significant Enhancements to SR&ED Program Announced Ahead of Fall Economic Statement Toronto, ON – December 13, 2024 – Deputy Prime
The New SR&ED Client Portal: Is It Enough?
Background The Canada Revenue Agency (CRA) announced in a media release it has introduced a new Scientific Research and Experimental