What Is SR&ED?
The Scientific Research and Experimental Development (SR&ED) program is Canada’s largest research and development tax incentive, offering up to 35% in refundable federal credits, plus applicable provincial credits. Incorporated physicians, clinics, and Clinical Research Organizations conducting research, improving treatments, or developing new medical techniques may qualify — including for work completed in previous years.
What Is SR&ED?
The Scientific Research and Experimental Development (SR&ED) program is Canada’s largest research and development tax incentive, offering up to 35% in refundable federal credits, plus applicable provincial credits. Incorporated physicians, clinics, and Clinical Research Organizations conducting research, improving treatments, or developing new medical techniques may qualify — including for work completed in previous years.
Wondering if you qualify for SR&ED?
Fill out the form and our team will assess your eligibility!
Who Qualifies?
To be eligible for Scientific Research and Experimental Development credits, your work must meet three core criteria:
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Scientific or medical uncertainty — There is a gap in knowledge or the absence of an effective solution.
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Systematic investigation — Your approach involves addressing a hypothesis using structured testing, design, and analysis.
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Scientific advancement — Your project must seek to advance knowledge.
Wondering if you qualify for SR&ED?
Fill out the form and our team will assess your eligibility!
Who Qualifies?
To be eligible for Scientific Research and Experimental Development credits, your work must meet three core criteria:
-
Scientific or medical uncertainty — There is a gap in knowledge or the absence of an effective solution.
-
Systematic investigation — Your approach involves addressing a hypothesis using structured testing, design, and analysis.
-
Scientific advancement — Your project must seek to advance knowledge.
Quick Eligibility Checklist
Quick Eligibility Checklist
Example Refund Scenarios
For example, a physician earning $150,000 annually and dedicating 30% of their time to eligible research could receive an SR&ED refund of approximately $29,475. A physician with a $200,000 salary and the same level of research involvement may be eligible for up to $39,300. Multidisciplinary clinics or Clinical Research Organizations with multiple researchers may qualify for even greater returns, depending on structure and time allocation.
Example Refund Scenarios
For example, a physician earning $150,000 annually and dedicating 30% of their time to eligible research could receive an SR&ED refund of approximately $29,475. A physician with a $200,000 salary and the same level of research involvement may be eligible for up to $39,300. Multidisciplinary clinics or Clinical Research Organizations with multiple researchers may qualify for even greater returns, depending on structure and time allocation.
