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

Canada Revenue Agency

Canada's largest federal support for business R&D, refundable and non-refundable tax credits for experimental development and applied research.

Value
Not stated by source
Intake
Ongoing
Last verified
September 20, 2026

About the amount

Credit rate depends on corporation type and expenditure level. Canadian-controlled private corporations receive the most favourable treatment.

What to know

SR&ED is claimed on your corporate tax return rather than applied for in advance, and it can usually be stacked with a provincial R&D credit on the same expenditures. Contemporaneous technical documentation is what survives an audit; reconstructed notes generally do not.

Documents you'll likely need

  • Technical project descriptions written during the work
  • Payroll records for staff on the project
  • Records of materials consumed
  • Form T661 filed with your corporate return

Source

https://www.canada.ca/en/revenue-agency/services/scientific-research-experimental-development-tax-incentive-program.html

CashRadar identifies potential matches. Final eligibility is determined by the program administrator. CashRadar is an independent service and is not affiliated with the Government of Canada or any provincial government.