Scientific Research and Experimental Development (SR&ED) Tax Incentive Program

Scientific Research and Experimental Development (SR&ED) Tax Incentive Program  Support for your R&D in Canada  The SR&ED program is a federal tax incentive program, administered by the Canada Revenue Agency (CRA), that encourages Canadian businesses of all sizes, and in all sectors to conduct research and development (R&D) in Canada. It is the largest single source of federal government support for industrial R&D. Support for your R&D in Canada

The SR&ED program is a federal tax incentive program, administered by the Canada Revenue Agency (CRA), that encourages Canadian businesses of all sizes, and in all sectors to conduct research and development (R&D) in Canada. It is the largest single source of federal government support for industrial R&D.The SR&ED program gives claimants cash refunds and/or tax credits for their expenditures on eligible R&D work done in Canada.

SRED Program

The Scientific Research and Experimental Development program provides big federal tax credits for R&D by firms with less than $500,000 in taxable income. It’s often overlooked by non-tech companies that develop new products and services. Some lenders will let you borrow against anticipated SRED credits.

FACT: Your intellectual property is protected in two ways. For one, the CRA only needs to see that your project meets 3 key eligibility criteria. And second, your documentation is held at a controlled-access location by the CRA, with strict policies protecting claims information.

 

Scientific Research and Experimental Development (SR&ED) Tax Incentive Program  Support for your R&D in Canada  The SR&ED program is a federal tax incentive program, administered by the Canada Revenue Agency (CRA), that encourages Canadian businesses of all sizes, and in all sectors to conduct research and development (R&D) in Canada. It is the largest single source of federal government support for industrial R&D.



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