Scientific Research & Experimental Development (SR&ED)

Research & Innovation Tax Incentive Program

SR&ED is a federal tax incentive initiative designed to encourage businesses to conduct R&D in Canada. Eligible expenditures can be credited as either a tax refund or a reduction in taxes payable. This makes it a flexible and beneficial program for fostering innovation and technological advancement.

  • Health Care Research
  • Construction & Engineering
  • Telecommunications
  • Biotechnology
  • Manufacturing
  • Information Technology
  • Agriculture
  • Food & Beverage

Eligibility requirement

Here's what you will need to be eligible:

  • Be a business operating and carrying out R&D in Canada
  • Conduct eligible experimental development, applied research, and basic research

Any business that is developing new products, processes, or materials, or improving existing ones, may be eligible for the SR&ED program. Businesses don’t have to create entirely new products or processes to qualify; continuous improvements to existing products are also valid. Additionally, developing new knowledge, capabilities, and techniques along the way is recognized as part of the program.

However, the research and development project must address a technological issue; it cannot focus on social sciences or business problems. Eligible projects can span virtually any area of science and engineering technology, including software development.

Key benefits

Here's how you will benefit from the program:

  • Tax-refund or credit for salaries involved in eligible work
  • Tax-refund or credit for contractors involved in eligible work
  • Tax-refund or credit for material costs required for eligible work
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