SR&ED, Cleantech and Digital Media Tax Credits

Calculator to Compare 2025 SR&ED Changes

A few clicks and you'll see the increase in SR&ED tax credits

Use this free 2025 SR&ED comparison tool to see how the new 2025 SR&ED rules impact your Canadian business. Find out what’s changed, what’s stayed the same, and how much SR&ED you can expect!

Please note that this calculator does not include the provincial portion of your SR&ED claim. The 2025 changes to SR&ED only impact the Federal portion of SR&ED so that is what is included in this calculator. To estimate your total refund, including the provincial amounts, please visit this page.

How to use this calculator

Select if your company is a CCPC or ECPC
Enter the estimated SR&ED eligible salaries for the fiscal year
Enter the material and contractor expenses
If there were any capital expenses, enter them as they are now eligible for SR&ED for 2025
If known, enter the taxable capital in your prior year (this affects the phase-out)

Results

Focus on the difference between the refundable and non-refundable ITCs for the pre-2025 compared to the new rules.

Note the improvement to the federal tax credit under the new rules.

Key 2025 SR&ED Changes (Effective Tax Years Beginning After Dec 15, 2024)

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