Taxes

How to Claim SR&ED Tax Credits

How to Claim SR&ED Tax Credits

The Scientific Research and Experimental Development program, SRED for short, is a tax incentive program designed to encourage Canadian businesses of all sizes and in all sectors to conduct research and development in Canada.  

This article will help you to understand:

  • If your business is eligible to claim SRED tax credits

  • What types of expenditures qualify for the program

  • How to claim SRED credits

  • How much you can expect to receive from the SRED program,

  • Costs of claiming SRED credits and other factors to consider.