On a primary level, you need to be involved in scientific and technological R&D. You need to be working towards uncovering scientific or technological knowledge that has not been known previously within the public or industrial domains and/or, you need to be developing or improving products and processes to advance technology.

You need to file your SR&ED claim within 18 months after the fiscal year has ended. We recommend you file it 6 months after the year end, which is typically in June, if your fiscal year ends in December. If you fail to file your claim in the given time frame, then unfortunately it becomes time barred. CRA does not allow late submissions for SR&ED tax credits.

If you have a question about SR&ED and how it applies to your business, visit our Frequently Asked Questions page.

Our team has helped hundreds of companies to get what is rightfully theirs, so we are well placed to answer any of your questions.

If your question is not answered in the FAQ section, please contact us and we will get back to you.