What are SR&ED Tax Credits?
SR&ED Tax Credits are incentives provided by both the federal and provincial governments to promote
experimental work in Canada.
Claimants can receive tax credits or refunds for labour and purchased materials related to any
experimental development work.
How much are the Credits?
Up to 68.4% of Labour costs
Up to 44.1% of Purchased Material
Scrap components or raw material used during trials
Purchased items used for the project
Up to 35.3% of Subcontractor Costs
SR&ED Tax Credits are incentives provided by both the federal and provincial governments to promote
experimental work in Canada.
Claimants can receive tax credits or refunds for labour and purchased materials related to any
experimental development work.
How much are the Credits?
Up to 68.4% of Labour costs
Up to 44.1% of Purchased Material
Scrap components or raw material used during trials
Purchased items used for the project
Up to 35.3% of Subcontractor Costs