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I have an unsuccessful R&D project. Can I still claim a SR&ED tax credit, even though it failed?

<!DOCTYPE html><!-- Last Published: Fri Dec 16 2022 13:58:33 GMT+0000 (Coordinated Universal Time) --><html data-wf-domain="sred.f6s.ca" data-wf-page="639c76e6c216ec5fec299870" data-wf-site="5bf8086dc176116541ad2553" data-wf-collection="639c76e6c216ec5ea12997e1" data-wf-item-slug="i-have-an-unsuccessful-r-d-project-can-i-still-claim-a-sr-ed-tax-credit-even-though-it-failed"><head><meta charset="utf-8"/><title>I have an unsuccessful R&amp;D project. Can I still claim a SR&amp;ED tax credit, even though it failed?</title><meta content="I have an unsuccessful R&amp;D project. Can I still claim a SR&amp;ED tax credit, even though it failed? Visit the page to know more. 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Can I still claim a SR&amp;ED tax credit, even though it failed?</h1></div><div class="rdsitesection rdfaqanswersection"><div class="rdcontainer faq rdcolumns r-dfaqwithsuggestion"><div class="faqbodycontainer"><div bind="c633849a-21d4-2f8c-e563-bf2ecc232230" class="faqbody w-richtext"><p>Yes. You can submit claims for failed, abandoned or delayed projects, as long as your company has gained knowledge for creating a technological or scientific advance. Failure is often encountered when innovating. Some companies are able to persevere until they find a solution but others might not have the resources to continue or realise it鈥檚 not worth continuing. These outcomes can all qualify for SR&amp;ED.<br/></p></div><a href="https://sred.f6s.ca/faq" class="faqindexlink">See other FAQs</a></div><div class="suggestion"><div class="faqsuggestiontitle"><img src="https://cdn.prod.website-files.com/5bf8086dc176116541ad2553/611e1230ebaad412d2b7eed0_Vector.png" loading="lazy" alt="Suggestion icon" class="suggestionicon"/><div class="suggestiontitle">SUGGESTION</div></div><div bind="a4591408-44e7-10f5-9464-a86304038593" class="faqsuggestion w-richtext"><p>Claiming SR&amp;ED requires correctly following CRA guidance and rules - follow our expert <a href="https://sred.f6s.ca">guide</a> to find out more.</p></div></div></div></div><div class="rdsitesection w-container"><div class="rdleadcollectionsmall rdleadcollectionbig"><div class="rdleadtitle rdleadbigtitle">Get a free expert SR&amp;ED consultation</div><div class="rdleadphone rdleadphonebig"><div class="h21 leadbluefont"><a href="tel:+14373701904"><strong>437-370-1904</strong></a></div></div><div class="rdleadphone rdleademail"><div class="h21 leadbluefont"><a href="mailto:cashback@f6s.com?subject=Re%3A%20Free%20SR%26ED%20Tax%20Credits%20consultation" class="sredemail">cashback@f6s.com</a></div></div></div></div><div class="sredfooter"><div class="bottomlinks w-row"><div class="column-3 w-clearfix w-col w-col-6 w-col-stack"><p class="paragraph-8"><a href="https://www.f6s.com/terms" class="link-19">Terms</a></p><p class="paragraph-8"><a href="https://www.f6s.com/privacy-policy" class="link-18">Privacy</a></p><p class="paragraph-8"><a href="https://www.f6s.com/data-security" class="link-17">Data Security</a></p><p class="paragraph-8"><a href="https://www.f6s.com/cookie-table" class="link-16">Cookie Table</a></p><p class="paragraph-8"><a href="https://www.f6s.com/cookie-policy" class="link-15">Cookie Policy</a></p></div><div class="column-4 w-clearfix w-col w-col-6 w-col-stack"><p class="symbol-privacylinks-copyright">漏 2022 F6S Network Limited. 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