SR&ED Tax Credit
The most valuable tax credit available to Canadian small businesses — and most never claim it.
Maximum benefit
Up to $1,050,000 refundable
The Scientific Research and Experimental Development (SR&ED) program provides a 35% refundable federal tax credit on eligible R&D expenditures for Canadian-Controlled Private Corporations (CCPCs). Quebec businesses receive an additional 30% provincial credit, creating a combined rate of up to 65% on qualifying salaries.
What qualifies: custom software development, product iteration, process improvement experiments, prototype testing — far broader than most business owners assume. If your team is solving a technical problem without a known solution, you likely qualify.
Average recovery: $18,000–$180,000 per year for eligible businesses. The claim covers wages, materials, and contractor costs related to qualifying work.
Most businesses that qualify have never filed. The claim requires a technical narrative and financial documentation — work that Fruxal's recovery team handles on contingency.
Find out if your business qualifies — free scan
Answer 5 questions about your business. See which grants apply and how much you could recover. Takes 3 minutes. Completely free.
Scan My Business — Free →No cost until we recover · We take 12% of what we find