Canadian SR&ED calculator

Canadian SR&ED tax credit calculator.

Estimate federal and provincial SR&ED tax credits for a Canadian business in any industry. Enter salary, contractor, and material costs connected to potentially eligible R&D.

Results update instantly and separate the federal and provincial amounts using the rate and province you select.

Build the estimate

Amounts in CAD

Federal credit rate
Province or territory

The 35% rate applies to eligible Canadian private and public corporations. Other corporations, individuals, trusts, and partnerships generally use 15%.

40%
Estimate the portion spent directly supporting eligible work.

Estimated SR&ED tax credits

$111,370
Federal ITC (35%)
$90,650
Ontario credit
$20,720
Review your estimate

Includes the selected federal rate and published provincial assumptions. See how the estimate works below.

How to use your SR&ED calculator result

The result is an early planning figure. A supportable claim still depends on the eligible work, the company making the claim, the costs it paid, any assistance it received, and the records behind those amounts.

Confirm the work

Separate experiments and directly supporting work from routine production, testing, administration, and commercial activity.

Confirm the claimant

Check which company undertook the work, paid the expenditures, and is named in any research, employment, or contractor agreements.

Adjust the inputs

Government assistance, contract payments, taxable income, company status, expenditure limits, and provincial rules can change the final credit.

FAQ

SR&ED calculator questions

What does this SR&ED calculator estimate?

It estimates the federal investment tax credit and the selected provincial or territorial credit using the salary, contractor, and material cost assumptions you enter.

Can businesses in any industry use it?

Yes. SR&ED is not limited to one industry. Eligibility depends on the experimental work, claimant, expenditures, assistance, evidence, and filing position.

Which federal SR&ED rate should I select?

Use the 35% enhanced rate only when the claimant meets the enhanced investment tax credit requirements. Otherwise, select the 15% basic rate.

How should I use the estimate?

Use it to size a potential opportunity and compare assumptions. A claim review then confirms the underlying work, costs, company facts, assistance, evidence, and applicable program rules.

Does the calculator account for grants or other assistance?

No. Government and non-government assistance can reduce SR&ED expenditures or qualified expenditures. Review each funding agreement before relying on the estimate.

Is the estimate the same as a cash refund?

Not necessarily. Refundability depends on the claimant, federal rate, provincial program, expenditure limits, taxable income, and other company facts. The calculator shows an illustration, not a filed tax position.

How the estimate works

View assumptions and official sources

Federal model

Uses the selected 35% enhanced or 15% basic ITC rate, a 55% prescribed proxy amount on eligible salary, and 80% of qualifying arm's-length contract payments.

Provincial model

Shows published refundable base rates and common caps. Company size, taxable income, prior spending, and provincial rules can change the result.

Quebec CRIC

Uses 30% on eligible labour plus 50% of qualifying Quebec subcontract payments above a simplified $50,000 minimum exclusion. The actual threshold can be higher.

Sources and review date

Rates and assumptions were reviewed against government guidance on August 1, 2026. Program rules and forms can change.