Defined term
SR&ED
Also: Scientific Research and Experimental Development
Canada's Scientific Research and Experimental Development program.
The Scientific Research and Experimental Development (SR&ED) program is Canada's largest federal support for business R&D, administered by the Canada Revenue Agency. It provides refundable and non-refundable investment tax credits on eligible salaries, materials, and contract costs tied to experimental development or applied research that advances scientific or technological knowledge. Claimants typically file Form T661 with supporting technical narratives. Provincial top-ups may apply. Confirm current rates and CCPC treatment with CRA guidance.
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Related terms
Common questions
- What activities qualify for SR&ED?
- Work must seek to advance scientific or technological knowledge or capability through systematic investigation or experimentation, typically resolving technological uncertainty. Routine engineering or commercial product customization usually does not qualify.
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Educational definition only. Not tax or legal advice. Confirm current program rules with official guidance and a qualified adviser.