Sign Up for the Grant Gazette

5 Grant Gotchas - Header CTA - Hello Bar

Along the top of the site, you will see a "call to action." It's an orange bar.

  • This field is for validation purposes and should be left unchanged.

There is grant money waiting for YOU!

BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

  • This field is hidden when viewing the form
  • This field is for validation purposes and should be left unchanged.

Scientific Research and Experimental Development

none

Value

Varies
Tax incentives that reduce your income tax payable.

Description

The Scientific Research and Experimental Development (SR&ED) tax incentives are intended to encourage businesses to conduct research and development in Canada.

Eligible Applicants

If your business is engaged in scientific research and experimental development (SR&ED), you may be able to earn tax incentives that reduce your income tax payable.

Corporations, individuals, trusts, and partnerships that conduct SR&ED work in Canada may be able to:

  • Claim a deduction against income
  • Earn an investment tax credit (ITC) that they can apply against their income tax payable
    • Partnerships allocate the ITC earned to their eligible partners

Eligible Expenses

Make sure that the work you claim is eligible work and does not include work or activities you cannot claim. Eligible types of work include the following:

  • Basic research
    • Basic research is work that aims to advance scientific knowledge without a practical application in view. It often takes place in laboratories and may be published in scientific journals.
  • Applied research
    • Applied research is work that aims to advance scientific knowledge with a practical application in view.
  • Experimental development
    • Experimental development is work that aims to generate or discover technological knowledge or know-how in order to develop or improve materials, devices, products, or processes, including incremental improvements.

To review the legal definition of SR&ED, refer to how SR&ED is defined in the Income Tax Act.

  • Support work
    • Some support work may be eligible if it matches the needs and directly supports the basic research, applied research, or experimental development work.

Eligible support work must be in one of the following categories:

  • Engineering
  • Design
  • Operations research
  • Mathematical analysis
  • Computer programming
  • Data collection
  • Testing
  • Psychological research

Deadline Date

Ongoing. Please click the link indicated below for update.

Contact

Contact Name: Fraser Valley and Interior Tax Services Office (Alberta)

Phone Number: 1-866-578-4538

Website: https://www.canada.ca/en/revenue-agency/services/scientific-research-experimental-development-tax-incentive-program.html

I’m going to let you in on a secret: You don’t have to waste countless hours or drown in paperwork to win grants

With ABG, you can find the right grants, prepare for your meeting, and write a winning application that will get you the most money, in the least amount of time.

Contact Alberta Business Grants right now.

Download Now! Five Grant Gotchas

There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

  • This field is hidden when viewing the form
  • This field is for validation purposes and should be left unchanged.