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Impact Technical Advisors · Planning estimate

SR&ED Calculator

Estimate the potential value of eligible Canadian R&D expenditures using the proxy method. Enter the amounts tied to work that may qualify.

01 · Estimate inputs

Enter your eligible expenditures

Amounts are estimates for one taxation year.

55%

Proxy method: the estimate adds the prescribed proxy amount at 55% of eligible T4 salary and wages. Materials remain at 100%, and arm’s-length contractors at 80%. These are expenditure rules, not recovery multipliers.

The prescribed proxy amount is calculated as 55% of the applicable salary base in this estimate. It represents a proxy for certain overhead costs and is added to qualified expenditures; it is not itself a 55% tax credit.

One province can be selected for this estimate. Enter only expenditures tied to work performed in that province.

Illustrative estimate

Estimated Potential Cash Recovery This combines estimated refundable federal and provincial credits. Refundability depends on claimant type, expenditure type, corporate status, and other rules. It is not necessarily the amount or timing of a payment.

$0Potential refundable amount
0.0%of qualified expenditures This percentage is the total estimated federal and selected provincial incentive value divided by qualified expenditures before provincial assistance. The expenditure pool includes eligible salaries, the 55% prescribed proxy amount, eligible materials, and 80% of arm’s-length contractor payments. It is an illustrative ratio, not a guaranteed recovery rate.
Qualified expenditures before provincial assistanceT4 wages + the 55% prescribed proxy amount + eligible materials + 80% of arm’s-length SR&ED contractor payments.$0
Federal qualified expenditures after provincial assistanceThe qualified expenditure pool less the selected provincial assistance, floored at zero. Provincial program interactions and the tax return can change this figure.$0
Federal SR&ED ITCEstimated federal ITC: 35% on current qualified expenditures within the available enhanced expenditure limit, plus 15% on the amount above that limit.$0
Refundable federal amountThis estimate treats the 35% enhanced ITC on current expenditures within the limit as refundable for an eligible CCPC or eligible Canadian public corporation. Claimant qualifications and tax payable affect actual cash received.$0
Refundable provincial amountEstimated refundable share of the selected provincial program: Alberta IEG; Saskatchewan refundable credit up to its expenditure limit; or B.C. refundable credit up to the applicable limit. Eligibility conditions apply.$0
Non-refundable federal credit valueThe amount above the enhanced limit is estimated at the 15% basic federal ITC rate and displayed as non-refundable. Credits may reduce tax payable and may be carried under applicable rules.$0
Non-refundable provincial credit valueEstimated provincial credit not treated as refundable in this model. Its use depends on provincial tax payable, claimant status, and carryforward or other rules.$0
Total incentive value Estimated federal ITC plus the selected provincial incentive, including refundable and non-refundable portions. This is a gross illustrative value, before tax return adjustments and other interactions.$0
Qualified expenditure pool Sum of eligible T4 salary and wages, the 55% prescribed proxy amount, eligible materials, and 80% of arm’s-length contractor payments, before provincial assistance.$055% proxy amount Calculated as 55% of the eligible salary base. This is an expenditure allowance for certain overhead—not a 55% tax credit.$035% enhanced portion Qualified expenditures remaining after provincial assistance, up to the available enhanced federal expenditure limit. The model applies a 35% rate to this amount.$0Above-limit portion Qualified expenditures after provincial assistance that exceed the available enhanced limit. This estimate applies the 15% basic federal ITC rate to this amount.$0

Illustrative estimate only—not tax advice or a promise of recovery. The model assumes the claimant qualifies for the enhanced federal rate and refundable provincial portions where shown; it does not account for associated-group allocations, short tax years, all assistance or claimant-specific restrictions. Actual SR&ED eligibility, expenditure limits, refundability and credit use depend on the claimant’s facts and current tax rules. Review the projects and records with a qualified advisor.

A practical next step

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