Scientific Research and Experimental Development (SR&ED) - Tax Incentive Program
Government of Canada - Canada Revenue Agency (CRA)Applies to: All of Canada
If you conduct industrial research and development in Canada, you may be eligible for a tax refund or tax credit of up to 35% of what you spent on R&D.
You can apply for tax credits for expenses like wages, materials, machinery, equipment, some overhead and contracts related to:
- experimental development;
- applied research;
- basic scientific research;
- certain types of technical support work.
You can apply for the tax credit as part of your tax return by completing the required forms.
