Indicators of SR&ED activities in your business

If you have developed or improved a product, device, equipment, process, prototype or started a pilot project, it is likely that the activities you have undertaken qualify for a tax credit for R&D / SR&ED. If you have started a project in the last two (2) years and encountered technical difficulties resulting in unexpected costs due to budget overruns and / or delays incurred, these can also be indications of R&D / SR&ED.

Activities and projects eligible for SR&ED tax credits

Experimental development of new materials, devices, products or processes or the improvement of existing ones where the objective is for technological advancement; Applied research with the primary goal of contributing to the advancement of scientific knowledge and ultimately leading to the development of a specific practical application; Basic research to advance scientific knowledge without targeting a specific practical application; Support for the engineering, design, operations research, mathematical analysis, computer programming, data collection, testing or psychological research are also accepted provided that the work is proportionate with, and directly supports, the eligible scientific research and experimental development, applied or basic research.