SR&ED calculator
Estimate what your research could return.
A quick estimate of your refundable federal and provincial credits.
Your research spend
Time Spent on Research40%
Not your clinical time.Estimated annual refund
$111,370Paid in cash, even with no tax owing.
Eligible R&D Labour$140,000
Proxy Overhead · 55%$77,000
Contractors · 80%$32,000
Materials$10,000
Qualified Expenditures$259,000
Federal Credit · 35%$90,650
Ontario · 8%$20,720
An estimate at current refundable rates. Your actual claim depends on the eligible work and CRA review.