SR&ED experts
We prepare SR&ED claims for Canadian companies: identifying eligible work, calculating expenditures, technical drafting, and defending the file in an audit.
- Identifying eligible work
- Expenditures and the proxy amount
- T661 drafting and audit defence
What we do
SR&ED is a federal tax credit for scientific research and experimental development: 35% of eligible expenditures, refundable, for a Canadian-controlled private corporation, and 15% non-refundable for others. An SR&ED expert determines which work meets the legal definition, quantifies the related expenditures, drafts the technical description on form T661, and defends the claim if the Canada Revenue Agency audits it.
- 01
Eligibility
The test is not how new the product is, but the technological uncertainty the work resolves. Many companies claim too little because they rule out development and scale-up work from the outset.
- 02
Expenditures
Salaries of staff assigned to the work, the retained portion of subcontracting, materials consumed, and the proxy method, which adds 55% of direct salaries as an overhead replacement amount.
- 03
Evidence
A claim is won on the written record: timesheets, design notes, trial reports. We put the documentation in place during the fiscal year, not after the audit letter arrives.
Have your work checked for eligibility
Twenty minutes is enough to establish whether your projects qualify for SR&ED and to size up the credit.
Frequently asked questions
Work that seeks to resolve a technological uncertainty that a specialist in the field could not have settled with available knowledge and standard practice. This covers experimental development as much as research: adapting a process, holding a level of performance, integrating two technologies that do not communicate. The product does not need to be new to the market.
Twelve months after the filing due date of the income tax return for the fiscal year concerned. After that, the claim is inadmissible, with no exception. It is the most expensive and the most common mistake.
Timesheets that tie hours to projects, design notes and the hypotheses tested, trial reports with their results including failures, and subcontracting and material invoices. Documentation produced during the work is worth far more than a reconstruction made afterwards.
Yes, but government assistance received is deducted from the SR&ED base. A provincial credit collected reduces the federal base, and both credits are taxable the following year. The order of operations changes the net amount, which is something to plan before filing.
We answer the Canada Revenue Agency’s requests, prepare the supporting records, and attend the technical and financial meetings with your teams. This follow-up is part of the engagement and is not billed separately.