SR&ED Research

SR&ED (Scientific Research & Experimental Development) is a government program that rewards companies that perform R&D in Canada. The SR&ED tax credit program makes Canada a more economically competitive and technologically advanced nation and it has been in existence since the 80’s. The Canadian incentive program is one of the most generous R&D programs in the world. 

Many scientific businesses that conduct research can benefit from the SR&ED Program. Whether you are doing formal or informal research, published or unpublished, your business could qualify for an SR&ED refund from the CRA.

The SR&ED program is not a grant, but strangely enough, does actually behave like a grant.  Traditional grants are pre-approved before work commences. SR&ED grants for research are retroactive and approved after the fiscal year-end of the corporation.

Most incorporated academics qualify for the SR&ED Tax Credits for Research

SR&ED Research Claims

If you answer yes to any of the following questions you could be sitting on an untapped refund.

  • Are you an incorporated academic? Do you have a BN?

  • Are you a CRO (Clinical Research Organization) involved in pharmaceutical trials?

  • Do you conduct formal or informal research or studies in a field of physical science, technology, or medicine?

  • Are you associated with an academic institution or hospital?

  • Are you affiliated with any research organization, association, not-for-profit, or charity?

  • Have you been recruited to participate in any formal study?

  • Have you participated in data collection for any formal study?

There are only 3 criteria for eligibility plus evidence.

  • Scientific uncertainty
  • Scientific advancement
  • Systematic investigation
  • Scientific content and evidence

Approved SR&ED Claims in the Research sector

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