About SR&ED Claim Calculator
What your Canadian SR&ED claim is worth: the 35% enhanced credit, the $6 million expenditure limit and the 15% basic rate, from the CRA's own rules.
What is on this site
One question, "sr&ed calculator canada", answered with a calculator that works on the page with no account, 3 guides on the questions around it, a data table you can cite (the figures and their method), and the sources every figure rests on.
- SR&ED tax credit rates: the 35% enhanced rate and the 15% basic rate: CRA's SR&ED investment tax credit is 15% basic and 35% enhanced for CCPCs up to the expenditure limit. Who gets which rate, and how much of each comes back as cash.
- The SR&ED expenditure limit: $6 million and the taxable capital taper: The 35% SR&ED rate stops at the expenditure limit. It is $6 million, tapering to nil as prior year taxable capital rises from $15m to $75m. The statutory formula, worked.
- SR&ED claim deadline: 18 months, Form T661 and Schedule T2SCH31: The SR&ED reporting deadline is 12 months after your return is due, so 18 months after year end for a corporation. What has to be filed by then, and why the date is hard.
Reach us
Contact for a question about the site, or enquiries@sredclaimcalculator.com. The legal terms are on Terms and Privacy.
SR&ED Claim Calculator is an independent information site operated by Ellul Solutions Ltd. It is not affiliated with the Canada Revenue Agency or any government body, and nothing here is tax or accounting advice. Rates, limits and the statutory formula are quoted from CRA and the Income Tax Act as read on the updated date shown; confirm them with CRA or your adviser before filing.