SR&ED (SRED) Calculator: Unlock your savings

Canadian businesses are unlocking substantial SR&ED refunds each tax year, thanks to the generous tax incentives provided by the federal government. By considering expenditures in research and experimental development, businesses can target an average reclaim of up to 35%. Our SRED calculator (also known as the SR&ED tax credit calculator) helps Canadian businesses estimate their refund. By entering eligible R&D costs, you get an instant SRED estimate aligned with CRA rules.

Lean on us to empower your business with extra cash flow!

Estimate your SR&ED claim

Fill the form to get your estimate

Congratulations!

You can potentially claim up to:

£ 00,000.00*

Please note that the estimates provided by this SR&ED calculator are based on the information you have provided and should not be solely relied upon for making a claim for Research and Development (R&D) Tax Credits. The calculator may not fully account for all factors that could affect your eligibility for these credits, and the information provided is of a general nature and should not be construed as legal, accounting, or tax advice. It is recommended that you seek advice from a qualified professional for specific guidance on your unique situation. Use of this calculator is at your own risk.

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How Our SR&ED Tax Calculator Works ?

Our SR&ED Tax credits calculator offers a straightforward calculation, showing you an estimate of how much you might be eligible to claim under the SR&ED refund program. Our SR&ED Calculator is an excellent starting point our tried-and-tested methodology considers all key parameters: salaries, eligible R&D investments, and current credit rates. However, to fully tap into the benefits of research and experimental development credits, reaching out to our SRED consultants will ensure you’re on the right track.

Does My Business Qualify ? arrow_forwardarrow_forward

SRED Tax Scenario : Textile

We helped these companies unlock their savings through refundable tax credits for SR&ED expenses with the CRA. Your business could be next.

Wages $ 217 264
Proxy Amount $ 115 482
Sub-contractors $ 141 720
Consummed Materials $ 12 769
Grants To Be Deducted (If Applicable) $ (84 252)
Total Allowable SR&ED Expenditures $ 402 983

Credit Amount

$ 225 296 Calculate your Claim Now! arrow_outward arrow_outward

SRED Tax Scenario Aerospace

Wages $ 300 000
Proxy Amount $ 165 000
Sub-Contractors $ 200 000
Consummed Materials $ 100 000
Grants To Be Deducted (If Applicable) $ 0
Total Allowable SR&ED Expenditures $ 725 000

Credit Amount

$ 322 000 Calculate your Claim Now! arrow_outward arrow_outward

SRED Tax Scenario Manufacturing

Wages $ 1 750 000
Proxy Amount $ 962 500
Sub-Contractors $ 600 000
Consummed Materials $ 1 000 000
Grants To be Deducted (If Applicable) $ 0
Total Allowable SR&ED Expenditures $ 3 592 500

Credit Amount

$1 857 375,00 Calculate your Claim Now! arrow_outward arrow_outward

Leyton in Figures

At Leyton Canada, we empower businesses to fuel their growth by identifying and securing untapped financial opportunities. From tax credits and government grants to cost recovery strategies, our multidisciplinary team of experts supports organizations across all sectors in maximizing available funding.

96%

Clients satisfaction

6000

No. of Canadian businesses supported

500

SRED claim accepted per year

+100

Financing consultants

Offices in Canada

What’s New in Your Industry: SR&ED Updates and Opportunities

Frequently Asked Questions about the SRED / SR&ED Tax Credit

SRED vs SR&ED – What’s the Difference? keyboard_arrow_down keyboard_arrow_up

SRED and SR&ED are two ways of referring to the same Canadian tax credit program: Scientific Research & Experimental Development (SR&ED).

● SRED is the simplified form many businesses and professionals use in everyday language.
● SR&ED is the official term used by the Canada Revenue Agency (CRA).

On this page, we use both terms (SRED and SR&ED) so you can easily find the information you need, whether you are searching for a SRED calculator or an SR&ED tax credit calculator. Both lead to the same program: a federal incentive designed to help businesses recover part of their R&D investments.

How does the SR&ED calculator work? keyboard_arrow_down keyboard_arrow_up

Our SR&ED calculator uses CRA guidelines to estimate your potential claim. It considers your eligible R&D expenditures and applies the relevant federal and provincial rates to give you a first estimate.

What expenses qualify for the SR&ED tax credit? keyboard_arrow_down keyboard_arrow_up

Qualifying costs include:
● Wages and salaries of employees working on R&D projects,
● Subcontractor and consultant fees,
● Materials consumed during experiments,
● Overheads calculated through the proxy method.

What is the SRED calculator? keyboard_arrow_down keyboard_arrow_up

The SRED calculator is a quick online tool that estimates how much you could receive in SR&ED tax credits. By entering eligible costs such as salaries, subcontractor expenses, and materials, you get an initial refund estimate.

Who can use the SRED/SR&ED calculator? keyboard_arrow_down keyboard_arrow_up

Any Canadian business investing in research and development can use the calculator. Whether you are in manufacturing, software, aerospace, or life sciences, the SR&ED (SRED) tax credit may apply.

How can Leyton help with SR&ED (SRED) claims? keyboard_arrow_down keyboard_arrow_up

Our Leyton’s SR&ED consultants ensure that your SRED tax credit claim is optimized and compliant with CRA requirements. We support you from the initial estimate to filing and even during audits.