Enter some basic information about your company and use GrowWise’s SR&ED Calculator to get an estimate of your eligible Federal and Provincial SR&ED tax credit refund.
Book a meeting now if you want to learn more about SR&ED, or find out if GrowWise can help you maximize your claim!
SR&ED Calculator Overview
Use this SR&ED calculator to quickly estimate your potential Scientific Research and Experimental Development tax credits. It is designed for Canadian founders, CEOs, CFOs, and technical team leaders who want a fast, reliable way to understand their potential SR&ED refund.
What Work Is Eligible for SR&ED
Eligible SR&ED work involves real scientific or technological uncertainty. This includes developing new methods, building prototypes, testing experimental approaches, solving technical challenges, improving performance, and documenting the work as you go. Read more about SR&ED eligibility here.
What Is Not Eligible for SR&ED
Routine development, cosmetic improvements, basic bug fixing, maintenance, deployments, data entry, feature requests without experimentation, and work that uses fully known methods are generally not eligible. There has to be a specific technical challenge that requires a systematic and experimental investigation.
How the Calculator Works
Enter your eligible salaries, contractor costs, materials, and overhead. The tool applies the correct federal SR&ED rates and provides an estimate of your refundable and non-refundable credits. Results help you plan budgets and understand the potential impact on your cash flow.
Need Help
If you have questions about eligibility or want help interpreting your results, reach out anytime at [email protected]
This SR&ED estimate is provided as a general guide only and should not be relied upon as sole basis for investment or financial decisions. It is based on data and assumptions believed to be accurate at the time of analysis but they may not apply to your specific situation. No warranty is made regarding the accuracy or completeness of the information. You are advised to consult with a qualified financial advisor before making any investment decisions. This analysis does not constitute financial advice, nor does it take into account your personal circumstances, financial situation or needs.