Change your region and language
Please select the location that matches your preferences
Please select the location that matches your preferences
Recover More From Your R&D Investment
Our Process
From identifying eligible projects to supporting your business during a CRA review, Leyton manages the technical and financial components of your SR&ED claim.
We review your R&D activities, projects and expenditures to identify potential SR&ED opportunities and estimate the value of your claim.
Our specialists work with your technical and financial teams to identify eligible activities and qualifying expenditures.
We prepare the technical narratives and financial documentation required to support your SR&ED claim.
We support your team through submission and remain involved if the CRA requests additional information or conducts a review.
SR&ED Program Changes
Recent changes to Canada’s SR&ED program have significantly expanded the incentive for businesses investing in research and development.
For taxation years beginning after December 15, 2024:
The maximum annual expenditure limit eligible for the enhanced 35% investment tax credit has increased to $6 million.
For qualifying businesses, that can represent up to $2.1 million in federal SR&ED ITCs on eligible expenditures.
The taxable-capital phase-out range associated with the enhanced expenditure limit has increased to $15 million–$75 million, expanding access for larger innovative businesses.
Qualifying SR&ED capital expenditures made after December 15, 2024 may once again be eligible for SR&ED tax incentives.
Certain eligible Canadian public corporations may now qualify for the enhanced 35% SR&ED ITC on expenditures within their applicable limit.
CTA: Understand What the New SR&ED Rules Mean for Your Business
Why Leyton
6,000+
Canadian businesses supported
500+
SR&ED claims accepted per year
100+
Financing consultants
96%
Clients satisfaction
£1.5bn
Funding secured for clients worldwide
Contact Us
Your Innovation Could Be Worth More Than You Think
Find out whether your projects qualify and how much SR&ED support may be available to your business.
Trusted by Industry Leaders
We act as a strategic partner in our client’s growth journey, identifying hidden opportunities with processes and ways of working, and unlocking them to drive value and efficiency
Sebastien Huynh
CFO
Fayolle
Our experience with Leyton went very well. The questions asked by the Consultant during our various email and videoconference exchanges enabled him to understand the technical aspects of the SR&ED credit claim. Working with Leyton gave us peace of mind.
Mladen Barbaric
Founder & CEO
Leyton consulting services have been extremely helpful with our SR&ED tax credits process. We come back to them year after year for their organization, professionalism and reliability.
President
Web4you Inc.
Our collaboration with Leyton has been successful. Their consulting team has great technical expertise and quickly understood our project.
André Richard
R&D Director
EXFO
We have a great relationship with Leyton. Their consulting team quickly understood the complexity and technologies behind our projects, allowing us to claim all the credits we are entitled to.
FAQs
Scientific Research and Experimental Development, or SR&ED, is a Canadian tax incentive program designed to encourage businesses to conduct research and development in Canada.
Eligible businesses can potentially claim a deduction against taxable income and earn an Investment Tax Credit based on qualifying SR&ED expenditures.
The federal SR&ED ITC generally ranges from 15% to 35% of qualifying expenditures depending on the type of claimant and applicable expenditure limit.
Certain eligible corporations can earn the enhanced 35% rate on up to $6 million of qualifying expenditures for taxation years beginning after December 15, 2024.
Projects involving scientific or technological uncertainty and a systematic process of experimentation or analysis may qualify.
SR&ED can apply across software, manufacturing, engineering, aerospace, life sciences, clean technology and many other industries.
Depending on your situation, qualifying expenditures may include salaries and wages, materials, certain contract expenditures, overhead and certain capital expenditures.
Potentially, yes. SR&ED eligibility is not dependent on achieving a commercially successful result. Experimental work undertaken to resolve technological or scientific uncertainty can potentially qualify even when the expected result is not achieved.
Leyton supports clients throughout the claim process, including responding to CRA questions and helping present the technical and financial documentation supporting the claim.
Ideally, SR&ED documentation should be considered while R&D projects are underway so that technical evidence, experimentation and eligible costs can be properly captured.
Get in Touch
Speak with one of our SR&ED specialists for a free initial assessment of your projects and potential eligible expenditures