SR&ED Eligibility: Can Your R&D Work Qualify for Tax Credits?
Doing R&D in Canada? You might be sitting on a hidden tax break. SR&ED eligibility is often broader than people think. The Scientific Research & Experimental Development program rewards businesses for pushing science or tech forward, even if your breakthrough didn’t work out. It’s about solving scientific or technological uncertainty through a systematic, methodical process recording hypotheses, experiments, and results. Eligible work may include basic research, applied research, or experimental development and even failed prototypes can qualify. When looking at SR&ED eligibility, CRA expects your claim to tie back to eligible expenses like wages, materials, or subcontractor costs incurred in Canada, usually within the last 18 months. Start by defining the tech problem, documenting your methods and outcomes, and using CRA’s Form T661. G6 Consultin g helps businesses navigate SR&ED eligibility from claim prep to audit defense so you can maximize your refund and ...