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)
- Capital Expenditures Restored
Equipment & machinery now eligible (40% refundable)
- Maximum Refundable ITCs
$1.05M → $2.1M
- ECPCs Now Eligible
35% refundable ITC for eligible public corps
- Increased Expenditure Limit
$3M → $6M
- New Capital Thresholds (CCPCs)
$10M-$50M → $15M-$75M