SR&ED Tax Credit: Finance your R&D project

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What is the SR&ED Tax Credit?

The Scientific Research and Experimental Development (SR&ED) tax incentive encourages Canadian businesses (all sizes and all sectors) to conduct Research & Development in Canada. Each year, there are over 20,000 SR&ED claimants annually, be one today. Obtain a deduction or credit based on income expenditures and costs associated with R&D activities.

Inside picture tax credit pages

The Federal Credit rate varies between 15 and 35% depending on

  • Previous year’s taxable capital
  • Private/Public and Canadian controlled or not
  • Provinces may also offer a complimentary credit

Our process

      Contract Signature

      • Assign a consultant for your project.

      Kick off

      • Meet with the consultant and gathering information on site or virtually.

      Technical review

      • Assess eligibility & expenses for each project. Continuous communication with consultant as part of the preparation.

      Claim preparation

      • Write technical reports and analyse financial data. Then your claim is send to your accountant for sbumission to the Government authorities.

      Assistance

      • In case of an audit, our team prepares and advises you (tax and/or scientific audit).

      Follow-up

      • Track claims submitted until final payment of tax credits by requesting authorization to your company.

Do I qualify

  • Be a for-profit company based in Canada
  • Basic research
  • Applied research
  • Experimental development

Eligible Expenses

  • Salaries paid to technical employees directly performing SR&ED activities
  • Sub-Contractors located within Canada
  • Materials consumed during testing

Estimate your SR&ED claim with our calculator

    How much did you spend in the last fiscal year new, or improving existing, materials, devices, products or processes, including incremental improvements thereto?



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        Testimonials

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        I was pleased to work with Leyton on my first SR&ED tax credit claim. Their team explains me everything on SR&ED tax credit and what activity was eligible for the government. They did really well for the application and support us during the interview with the CRA.

        Andres Pareja CEO – Thriller Innovation

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        It was our first SR&ED claim and everything was great! Their team simplified the process for us by explaining everything from the beginning. They have been efficient during all of the procedure and respected our deadline.

        Emilio Audi Finance Director – IsoCanmed

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        As our first experience with claiming tax credits, we were delighted with the assistance provided by the Leyton team. They were able to capture the essence of our projects and translate it perfectly. We felt that we were taken care of from the beginning and that the team was always available to answer our questions.

        Eric Mac Nicoll Co-Founder and Co-CEO – Kaira Technologies