SR&ED Calculator

Calculate your credit.

A realistic first estimate of the cash your R&D work can return this fiscal year — built on the same computation logic used in a filed claim.

Your R&D spend

Enter the annual cost of work performed in Canada on technological advancement.

R&D salaries & wages (CAD)

Engineering time spent resolving technological uncertainty.

Canadian contractor expenses (CAD)

Arm's-length Canadian subcontractors count at 80%.

Materials consumed (CAD)

Province or territory

OITC 8% refundable for CCPCs

Canadian-controlled private corporation (CCPC)?

CCPCs earn a 35% refundable federal credit on the first $6,000,000 of qualifying spend under the 2026 enhanced limit.

Estimated recovery

$321,405

Largely refundable — cash back even at a loss.

Qualifying expenditure pool$793,500

Federal ITC$277,725

Ontario credit$43,680

Illustrative estimate using the proxy overhead method and typical provincial rates. Actual credits depend on eligible work, wage caps, specified-employee rules and CRA review.