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SR&ED Tax Credit Calculator

Calculate your potential SR&ED tax credits instantly with our free, accurate calculator. Get a clear view of your recoverable costs.

Federal & Provincial Credits
CCPC & Non-CCPC Support
Instant Results

Calculate Your SR&ED Credits

Enter your company information and R&D expenses to get an instant estimate

CCPCs receive higher credit rates and refundable credits.

Labour Expenses

$

All salaries for employees performing R&D work (includes 55% proxy for benefits)

Other Eligible Expenses

$

Raw materials consumed or transformed in R&D

$

80% of subcontractor costs are eligible

$

Payments to universities, research institutions

$

CEWS, IRAP, and other government assistance received

Estimated Refund

$0CAD

Total estimated cash refund based on provided inputs.

Federal (ITC)
$0
Provincial (Ontario)
$0

This is an estimate. Actual returns vary based on technical eligibility and CRA review.

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SR&ED Calculator FAQ

How accurate is this SR&ED calculator?

Our calculator provides estimates based on current SR&ED rates and standard eligibility rules. Actual credits may vary based on specific circumstances, expenditure limits, and detailed CRA review. For the most accurate assessment, consult with a qualified SR&ED professional.

What's the difference between CCPC and Non-CCPC?

CCPCs (Canadian-Controlled Private Corporations) receive enhanced rates of 35% refundable credits on the first $3M of expenditures, plus 15% non-refundable on excess amounts. Non-CCPCs (public companies, foreign-controlled corporations) receive 15% non-refundable credits on all eligible amounts.

Which expenses qualify for SR&ED?

Eligible expenses include salaries and wages for R&D work, materials consumed in R&D, subcontractor payments (80% eligible), third-party payments to universities/research institutions, and overhead costs using the prescribed proxy method. All work must meet the SR&ED eligibility criteria.

Do all provinces offer SR&ED credits?

Most provinces offer additional SR&ED credits that supplement federal credits. Quebec offers the highest provincial rate at 30%, while Ontario and BC offer significant credits. Some territories don't offer provincial SR&ED credits, but all businesses can claim federal credits.