Claiming SR&ED for Software Companies in 2025
Discover how software companies can maximize SR&ED claims in 2025. Learn best practices for AI coding, documentation, and CRA compliance.
We use our supervised AI solution to create the highest quality claims, outperforming any human tax credit consultant in quality, speed and accuracy.
We've designed our process to save you and your team time. Functions like completing your technical interviews at your convenience, in a fraction of the time.
We know these programs inside and out, and we will get you up to 2/3 of your eligible expenses back!
We provide your team with the highest quality claim, extremely efficiently.
Less expensive than EY, Deloitte, KPMG, PWC, RSM, GT, or the other accounting firms.
Larger claim with ease. We do the heavy lifting, not your team, so you can focus on your business.
Best of human and artificial intelligence for best in class claim preparation.
Deep understanding of the CRA policies and SR&ED rules.
Expertise in all technologies, allowing us to create more detailed and accurate claims in any sector.
Interviews with our AI voice agents mean you can complete them on your schedule, no external meeting scheduling required.
Interviews are efficient, 15-30 minutes not hours.
Faster claim preparation so that you get your SR&ED refund sooner, without the headaches.
Supervised AI solution combines the power of AI with our team's expertise filling thousands of claims to reduce the risk of audit.
We have the successful track record and expertise to defend your claim in case of CRA SR&ED review.
No extra cost to defend your claim if audited by the CRA. We are there to support you the whole way through.
The SR&ED (Scientific Research and Experimental Development, pronounced “Shred”) program is a tax credit program distributed by the Canadian Government, specifically the CRA to support innovation in Canada. CCPCs can get up to 2/3 of eligible expenses back in refundable tax credits! There are federal and provincial SR&ED tax credits, that vary depending on your company status. The Canadian Government distributes nearly $4 Billion annually in SR&ED funding to over 21,000 Canadian businesses, let’s see how we can get you your fair share of the 4 billion! Applying for SR&ED can be complex, connect with GrowWise today to let us do the heavy lifting for you, so you can focus on the growth of your business. Unsure if you need a SR&ED consultant to help you access these funds? 81.1% of all claimants use SR&ED consultants to ensure their claims are maximized, and high-quality, read more about the value of SR&ED consultants here.
To be eligible for SR&ED tax credits, the work must aim to advance a specific area of scientific knowledge or achieve technological advancement. This can be done via any of these four applications as long as the investigation and work occur through systematic investigation and well-documented experimentation. It is important to note that the work does not necessarily have to accomplish the goals of the project or solve the uncertainty, any lessons learned, or information acquired can classify as an advancement and be eligible for the SR&ED incentive.
Expands fundamental scientific knowledge without a practical application in mind.
Ex. Studying a specific bacteria to understand how it interacts with certain cells.
Aims to solve practical problems and advance scientific knowledge with specific applications in mind.
Ex. Testing a newly developed drug to determine its’ effectiveness in killing the bacteria
Systematic work aimed at improving or creating new technologies, products, or processes with technical uncertainties.
Ex. Creating and optimizing a new manufacturing process to mass-produce the newly developed drug.
Engineering, design, operations research, mathematical analysis, computer programming, data collection, testing or psychological research directly supporting the basic, applied or experimental research.
Ex. Data collection for the new drug production process.
Eligible SR&ED expenditures include labour costs, material costs, overhead costs, and contract expenditures.
How much of the four billion dollar pie are you eligible to receive? Enter a few details about your company and get an estimate of your R&ED refund in 2 minutes.
Discover how software companies can maximize SR&ED claims in 2025. Learn best practices for AI coding, documentation, and CRA compliance.
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