Calculator
Estimate your SR&ED credit.
SR&ED is Canada’s federal tax credit for eligible research and development work.
Estimated SR&ED credit
$113,925 CAD – $162,750 CAD
Your breakdown
| SR&ED salaries | $300,000 CAD |
|---|---|
| Overhead proxy (55%) | $165,000 CAD |
| Contractors (80%) | $0 CAD |
| Materials | $0 CAD |
| Federal credit | $162,750 CAD |
| Total credit | $162,750 CAD |
| Our fee (15%) | $24,413 CAD |
| You keep | $138,338 CAD |
Assumes taxable capital under $15M CAD, prior-year taxable income under $500k CAD for the Ontario credit, and no capital purchases. Specified-employee salary limits are not modelled. Estimate only, not tax advice. Actual amounts are determined by CRA.