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SRED Calculator - Calculate SR&ED tax credits - Canada | F6S
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gtag('config', 'UA-26460905-3'); </script> <script src="https://ajax.googleapis.com/ajax/libs/jquery/3.5.1/jquery.min.js"></script> <link rel="canonical" href="https://sred.f6s.ca/sred-calculator" /></head><body class="basicstyle"><div data-collapse="medium" data-animation="default" data-duration="400" data-easing="ease" data-easing2="ease" role="banner" class="navbar services rdsitenav w-nav"><div class="rdcontainer rdflexhorizontal"><a href="https://sred.f6s.ca" class="brand-3 w-nav-brand"><img src="https://uploads-ssl.webflow.com/5bf8086dc176116541ad2553/5bf8141d6ffe1961d6a906d1_F6S-logo.svg" loading="lazy" width="56" height="56" alt="F6S logo" class="f6slogo"/></a><div class="rdnavleft newbuttonr-d"><nav role="navigation" class="rdnavmenu w-nav-menu"><a href="https://sred.f6s.ca" class="rdsitenavlink w-nav-link">SR&ED Tax Credits</a><a href="https://sred.f6s.ca/sred-calculator" class="rdsitenavlink w-nav-link">SR&ED Tax Calculator</a><a href="https://sred.f6s.ca/sred-consultant" class="rdsitenavlink w-nav-link">Why F6S</a><a href="https://sred.f6s.ca/faq" class="rdsitenavlink w-nav-link">FAQs</a></nav><a href="mailto:cashback@f6s.com?subject=Re%3A%20Free%20SR%26ED%20Tax%20Credits%20consultation" data-w-id="a4c203cd-3a3a-cf69-5d49-dbf7e28f5e43" class="servicescta mobilerdbutton newctar-d sredcta w-button">Get Free Consult</a></div><div class="menu-button w-nav-button"><div class="icon w-icon-nav-menu"></div></div></div></div><div id="what" class="rdsitesection margin80 topmargin120 wf-section"><div class="rdcontainer rdflexcenter"><h1 class="h38 center rd">Calculate your SR&ED Tax Credit<br/></h1></div><div class="sectioncontentcontainer calculator"><h2 class="servicessectiontitle calculator">SR&ED tax credits calculator<br/></h2><div bind="0f3b760b-a1af-d041-b1fe-d196329286d7" class="w-embed w-script"><script> $(document).ready(function() { var calcButton = $(".calculatorbutton"), submitButton = $("#submit"), provinceRatesCCPC = { "alberta": 0.1, // correct "britishColumbia": 0.1, // correct "saskatchewan": 0.1, // correct "manitoba": 0.15, // correct "ontario": 0.08, // correct "quebec": 0.3, // to check "newBrunswick": 0.15, // correct "newfoundland": 0.15, // correct "novaScotia": 0.15, // correct "yukon": 0.15, // correct "northwestTerritories": 0, // correct "nunavut": 0, // correct "princeEdwardIsland": 0 // correct }, provinceRatesNCCPC = { "alberta": 0, // correct "britishColumbia": 0.1, // correct "saskatchewan": 0.1, // correct "manitoba": 0.15, // correct "ontario": 0.08, // correct "quebec": 0.175, // to check "newBrunswick": 0.15, // correct "newfoundland": 0.15, // correct "novaScotia": 0.15, // correct "yukon": 0.15, // correct "northwestTerritories": 0, // correct "nunavut": 0, // correct "princeEdwardIsland": 0 // correct }, type, province, salaries, materials, contractors, totalSpent, cashBack, oitc, ordtc, provinceCashback, federalCashback, quebecTotalSpent; function addCommas(nStr) { nStr += ''; x = nStr.split('.'); x1 = x[0]; x2 = x.length > 1 ? '.' + x[1] : ''; var rgx = /(\d+)(\d{3})/; while (rgx.test(x1)) { x1 = x1.replace(rgx, '$1' + ',' + '$2'); } return x1 + x2; } $("#calculator-result").hide(); submitButton.off('click'); submitButton.addClass("disabled"); submitButton.attr("disabled", true); // Click on first selector calcButton.click(function() { $(this).siblings().removeClass("selected"); $(this).addClass("selected"); type = $(this).attr('id'); if (province.length > 0) { submitButton.attr("disabled", false); submitButton.removeClass("disabled"); } }); // Select province $("#locationSelect").change(function(){ province = this.value; if (type.length > 0) { submitButton.attr("disabled", false); submitButton.removeClass("disabled"); } }); // Calculate submitButton.click(function() { salaries = Number($("#salaries").val()); materials = Number($("#materials").val()); contractors = Number($("#contractors").val()); totalSpent = (salaries * 1.55) + materials + (0.8*contractors); quebecTotalSpent = salaries + (0.5*contractors) + materials - 50000; if (province == "ontario") { oitc = provinceRatesCCPC[province] * totalSpent; ordtc = 0.035 * (totalSpent - oitc); provinceCashback = oitc + ordtc; } else if (province =="quebec") { if (quebecTotalSpent > 0) { provinceCashback = quebecTotalSpent * provinceRatesCCPC[province]; } else { provinceCashback = 0 } } else { provinceCashback = provinceRatesCCPC[province] * totalSpent; } switch (type) { case "ccpc": federalCashback = 0.35 * (totalSpent - provinceCashback); cashBack = addCommas((federalCashback + provinceCashback).toFixed(0)); break; case "non-ccpc": federalCashback = 0.15 * (totalSpent - provinceCashback); cashBack = addCommas((federalCashback + provinceCashback).toFixed(0)); break; } console.log(type); console.log(province); console.log("province "+provinceCashback); console.log("federal "+federalCashback); if (type.length > 0 && federalCashback > 0) { $("#getBack").html(cashBack); $("#calculator-result").show(); } }); }); </script></div><div class="servicescalculatorcontainer"><div class="servicescalculatorformlabel">Are you a Canadian-controlled Private Corporation (CCPC)?</div><div class="servicescalculatorrow"><div class="w-form"><form id="wf-form-Email-Form" name="wf-form-Email-Form" data-name="Email Form" method="post" class="rdcalculatorform"><div class="servicescalculatorrow"><div id="ccpc" class="calculatorbutton"><div class="calculatorbuttonlabel">I’m a CCPC</div><ul role="list" class="calculatorlist"><li class="calculatorlistitem">private corporation and</li><li class="calculatorlistitem">exclusively controlled by Canadian residents</li></ul></div><div id="non-ccpc" class="calculatorbutton last"><div class="calculatorbuttonlabel">I’m not a CCPC</div><ul role="list" class="calculatorlist"><li class="calculatorlistitem">controlled by non-Canadian residents or</li><li class="calculatorlistitem">controlled by public a corporation</li></ul></div></div><label for="revenue" class="servicescalculatorformlabel">Where are you based?</label><div class="servicescalculatorformrow"><select id="locationSelect" name="field" required="" data-name="field" class="servicescalculatorformfield servicesdropdown w-select"><option value="">Choose</option><option value="alberta">Alberta</option><option value="britishColumbia">British Columbia</option><option value="saskatchewan">Saskatchewan</option><option value="manitoba">Manitoba</option><option value="ontario">Ontario</option><option value="quebec">Quebec</option><option value="newBrunswick">New Brunswick</option><option value="newfoundland">Newfoundland and Labrador</option><option value="novaScotia">Nova Scotia</option><option value="yukon">Yukon</option><option value="northwestTerritories">Northwest Territories</option><option value="nunavut">Nunavut</option><option value="princeEdwardIsland">Prince Edward Island</option></select></div><label for="revenue" class="servicescalculatorformlabel">How much do you spend on R&D per year in dollars?</label><div class="servicescalculatorformrow responsive"><div class="servicescalculatorcolumn"><label for="revenue" class="servicescalsublabel">Technical staff</label><input type="number" class="servicescalculatorformfield ctatextfield w-input" maxlength="256" name="revenue-3" data-name="Revenue 3" placeholder="$ Amount" id="salaries" required=""/></div><div class="servicescalculatorcolumn"><label for="revenue" class="servicescalsublabel">Materials</label><input type="number" class="servicescalculatorformfield ctatextfield w-input" maxlength="256" name="revenue-3" data-name="Revenue 3" placeholder="$ Amount" id="materials" required=""/></div><div class="servicescalculatorcolumn"><label for="revenue" class="servicescalsublabel">Contractors</label><input type="number" class="servicescalculatorformfield ctatextfield w-input" maxlength="256" name="revenue-3" data-name="Revenue 3" placeholder="$ Amount" id="contractors" required=""/></div></div><div class="servicescalculatorformrow"><div id="submit" class="servicescta calculator">Calculate</div></div></form><div class="w-form-done"><div>Thank you! Your submission has been received!</div></div><div class="w-form-fail"><div>Oops! Something went wrong while submitting the form.</div></div></div></div><div id="calculator-result" class="servicescalculatorresultcontainer"><div class="rdcalculatorresultrow"><p class="rdcalculatorresulttext">You could get up to</p></div><div class="rdcalculatorresultrow"><p class="rdcalculatorresult">$</p><p id="getBack" class="rdcalculatorresult">0</p><p class="rdcalculatorresulthelp">cash or credit</p></div><div class="rdcalculatorresultrow last"><p class="rdcalculatorresulttext">F6S can help you with your tax credit claim</p></div><div class="ctacontainer inside"><p bind="fe59a868-a163-4cef-8528-d40ef0482202" class="gdpr-text">By providing this personal information, you confirm you agree to us using it to provide our services and to keep in touch regarding information we think may interest you. You also confirm agreement to the <a href="https://www.f6s.com/terms" target="_blank" class="gdpr-link">Terms of Service</a> and <a href="https://www.f6s.com/privacy-policy" target="_blank" class="gdpr-link">Privacy Policy</a>. You can change your mind about receiving information from us as set out in our policies.</p><div class="form-block w-form"><form id="wf-form-SRED-Article-Services" name="wf-form-SRED-Article-Services" data-name="SRED Article (Services)" method="get" class="side-by-side"><input type="text" class="ctatextfield w-input" maxlength="256" name="phone-email-2" data-name="Phone Email 2" placeholder="Phone number or email please" id="phone-email-2" required=""/><input type="submit" value="Get Free Consult" data-wait="Please wait..." class="servicescta w-button"/></form><div class="success-message-2 w-form-done"><div>We'll get in touch right away<br/></div></div><div class="error-message-2 w-form-fail"><div class="text-block-2 hero">Try again pls, something went wrong</div></div></div></div></div></div></div></div><div id="what" class="rdsitesection margin80 wf-section"><div class="rdcontainer"><h2 class="b28">SR&ED Tax Credit Calculator<br/></h2><div class="rdtext18 w-richtext"><p><strong>The SRED calculator will estimate how much money your company or startup could save by applying for </strong><a href="https://sred.f6s.ca"><strong>SR&ED tax credits</strong></a>. Many of our clients use it to estimate how much they can get back from their development costs, which are eligible for SR&ED tax credits.<br/></p></div></div></div><div class="rdleadbig srednewlead"><div class="rdleadcollectionsmall rdleadcollectionbig"><div class="rdleadtitle rdleadbigtitle">Get a free expert SR&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 id="what" class="rdsitesection margin80 wf-section"><div class="rdcontainer"><h2 class="b28">How are SR&ED Tax Credits calculated?<br/></h2><div class="rdtext18 w-richtext"><p>The first step is to determine whether or not your company is a Canadian-controlled Private Corporation (CCPC). The amount you get back for your SR&ED claim can change significantly depending on the answer.<br/></p><p>The CRA gives Canadian-controlled Private Corporations (CCPCs) a higher SR&ED refund than non-Canadian controlled private corporations (who can receive a non-refundable credit), people (proprietorships), or trusts. Partnerships are ineligible for the SR&ED programme since they’re not a taxpayer, however a tax credit can be provided to the individual members.<br/></p><ul role="list"><li>CCPCs get up to a 35% refund of their SR&ED tax credit qualifying spend, from Federal SR&ED.</li><li>All non-CCPCs get a non-refundable tax credit at 15% for qualifying SR&ED tax credit spend.</li></ul><p></p></div></div></div><div id="what" class="rdsitesection margin80 wf-section"><div class="rdcontainer"><h2 class="b28">What doesn't the SR&ED tax calculator consider?<br/></h2><div class="rdtext18 w-richtext"><p><strong>The SR&ED tax credit calculator is a helpful tool, </strong>but it can’t replace expert consultant advice or consider all factors to maximize your SR&ED tax credit. A few of these limitations or assumptions the SR&ED tax calculator has in <strong>calculating your SR&ED tax credits</strong> are:</p><ul role="list"><li>Employees who are ‘specified’ are not treated differently than those who are not.</li><li>There is no distinction made between materials that have been consumed and those that have been transformed.</li><li>The percentage is pro-rated in years where provincial tax credit rates have changed.</li><li>Even in provinces that still offer this incentive, capital expenditures are excluded.</li><li>Additional top-ups based on specific research institution contracts have been excluded.</li><li>Limits on spending and the size of the company aren't taken into account.</li></ul></div></div></div><div id="what" class="rdsitesection margin80 wf-section"><div class="rdcontainer"><h2 class="b28">How can F6S help you get more in SR&ED tax credit?<br/></h2><div class="rdtext18 w-richtext"><p>After our SR&ED consultants have confirmed your eligibility, we investigate all of the ways you can maximize how much money you get back from the government. F6S' SR&ED experts are available to provide you with a free SR&ED consultation to help you find these areas so you get more money back. <br/></p><p>Many of F6S' startup founder clients rely on SR&ED services and related financial services to keep their businesses afloat. Our expert consultants help minimise delays or questions to ensure that your eligibility is confirmed and your claim is properly prepared before sending it to the CRA. We have a 100% success record and are always happy to provide free advice on your SR&ED eligibility or any other questions.<br/></p></div></div></div><div class="rdleadbig srednewlead"><div class="rdleadcollectionsmall rdleadcollectionbig"><div class="rdleadtitle rdleadbigtitle">F6S can help with your SR&ED claim</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="rdsitesection sredsection wf-section"><img src="https://uploads-ssl.webflow.com/5bf8086dc176116541ad2553/5bf8141d6ffe1961d6a906d1_F6S-logo.svg" width="86" alt="F6S Logo" class="image-4"/><h3 class="heading-3">F6S SR&ED services helps SMEs and startups grow</h3><p class="paragraph-11">We deliver hundreds of millions in growth to companies, SMEs and Startups. 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