Scientific Research and Experimental Development Tax Incentive Program
If you conduct industrial R&D in Canada, you may be eligible for a tax refund or tax credit of up to 35% of what you spent on R&D.
You can apply for tax credits for expenses like wages, materials, machinery, equipment, some overhead and contracts related to:
- Experimental development
- Applied research
- Basic scientific research
- Certain types of technical support work
You can apply for the tax credit as part of your tax return by completing the required forms. There are a variety of tools and services available to help you with your claim.