Medical SR&ED tax credits

Turn completed medical R&D into a supportable SR&ED claim.

MITRAS identifies the experimental work, connects it to the right company and costs, prepares the claim, and stays with the file if the Canada Revenue Agency asks questions.

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Medical SR&ED eligibility depends on the work performed.

A trial, device, diagnostic, assay, imaging method, or medical software project may contain eligible work when the team had to resolve a scientific or technological uncertainty through a systematic investigation or search. The claim focuses on that experimental work and its related costs.

The company making the claim must also be connected to the work and the expenditures. Payroll, contracts, grants, hospital or university arrangements, and the filing deadline can be just as important as the technical narrative.

A practical first screen

Four signals that completed work deserves a closer look.

01

The answer was not available

Available knowledge or standard practice could not resolve a material scientific or technical problem at the outset.

02

The team tested a path

The work involved hypotheses or technical objectives, methods, observations, analysis, and conclusions that informed the next attempt.

03

A company carried costs

The potential claimant paid salary, qualifying contracts, materials, or other costs connected to the experimental work.

04

The work left evidence

Protocols, analyses, issue logs, design records, code history, emails, payroll, and agreements can help show what happened.

What the work produces

A claim in which the research, evidence, and costs tell the same story.

Eligibility position

A defined project boundary and a plain-language explanation of the uncertainty, work performed, and advancement sought.

Claim package

Technical descriptions and financial schedules prepared from the records and reviewed with the company and its accountant.

CRA support

Help organizing evidence and responding to technical or financial questions if the claim is selected for review.

How MITRAS works

One principal stays with the file from interview through review.

  1. 01

    Screen the projects

    Discuss what the team could not know, what it tried, what changed, and when the work occurred.

  2. 02

    Confirm the financial facts

    Review the claimant, people, contracts, materials, assistance, fiscal year, and available records.

  3. 03

    Prepare and review

    Draft the technical descriptions and expenditure support, then confirm the important facts with the team and accountant.

  4. 04

    Coordinate and support

    Work with the accountant on filing and help answer the CRA if the claim is reviewed.