Start maximizing your SR&ED benefits today! Take the first step toward claiming valuable tax credits for your research and development. Our experts guide you through the process, helping your business innovate confidently, reduce costs, and accelerate growth. Don’t wait—get started now and unlock your R&D potential in Canada.
The Scientific Research and Experimental Development (SR&ED) Program provides tax breaks to encourage Canadian firms of all sizes and industries to perform research and development (R & D) in the country's scientific and technological fields. Corporations, individuals, trusts, and members of partnerships are all eligible to take advantage of these Government of Canada tax breaks.
The Scientific Research and Experimental Development (SR&ED) Program is a Canadian federal tax incentive designed to encourage businesses to engage in research and development (R&D). Its goal is to promote innovation by supporting the creation of new or improved products, processes, devices, and materials, including environmentally friendly technologies. This program is particularly beneficial for small and medium-sized enterprises (SMEs) and start-ups, helping them reduce financial barriers to innovation and gain a competitive edge.
The term “Scientific Research and Experimental Development” (SR&ED) was formally introduced in Section 2900 of the Income Tax Regulations in 1986. It was created to distinguish between routine engineering, maintenance, or systematic development activities and truly innovative work that advances scientific or technological knowledge. Essentially, SR&ED focuses on work that involves resolving technological uncertainties through experimentation or systematic investigation.
The SR&ED Program provides tax credits and refunds to eligible businesses of all sizes and across all industries that conduct qualifying R&D in Canada. This includes corporations, individuals, trusts, and members of partnerships. By leveraging these incentives, Canadian companies can offset the costs of innovation, accelerate research projects, and invest more confidently in scientific and technological advancement.
In short, SR&ED makes innovation financially feasible, rewarding businesses for tackling technological challenges that drive growth, competitiveness, and progress across Canada.
A lacus vestibulum sed arcu non odio euismod lacinia. Aenean pharetra magna ac placerat vestibulum lectus mauris ultrices. Pretium nibh ipsum consequat nisl vel pretium. Turpis egestas pretium aenean pharetra magna ac placerat vestibulum. Gravida quis blandit turpis cursus in hac. Massa eget egestas purus viverra accumsan in nisl. Maecenas volutpat blandit aliquam etiam erat velit scelerisque in. Orci sagittis eu volutpat odio facilisis mauris sit amet.