SR&ED Information

Scientific Research & Experimental Development (SR&ED)

The Scientific Research and Experimental Development (SR&ED) program is a federal tax incentive program to encourage Canadian businesses of all sizes and in all sectors to conduct research and development (R&D) in Canada that will lead to new, improved, or technologically advanced products or processes. The SR&ED program is the largest single source of federal government support for industrial research and development.

Claimants can apply for SR&ED investment tax credits for expenditures such as wages, materials, machinery, equipment, some overhead, and SR&ED contracts.

The SR&ED program gives claimants cash refunds and/or tax credits for their expenditures on eligible R&D work done in Canada.

At DK Phillips Consulting we provide sound technical narratives including financials, provide clients with significant return on investment, and defend claims during any CRA financial and technical reviews.


Precision SR&ED software

DKPC Inc. strongly recommends Precision SR&ED software. In fact, we use it with all our clients.

About Precision SR&ED

Precision SR&ED Software is the best way to manage SR&ED data. Using this project management software, you can easily track time, manage materials, expenses, projects, employees and objective evidence, satisfying core requirements to file SR&ED.

Try Precision SR&ED for FREE. Visit the sign up page to get started.


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