SR&ED Tax Credits in Canada

Recover Up To 35% of Your R&D Spend With SR&ED

If you're building software, hardware, AI, or solving technical problems in Canada, you're likely leaving refundable tax credits on the table. We handle the full SR&ED claim end-to-end - technical narrative, costing, and CRA submission.

Canadian Parliament representing Canadian SR&ED tax credit services
SR&ED Challenges

Why most eligible companies never file a SR&ED claim.

The credit exists. The money is refundable. Yet most Canadian tech companies either don't know they qualify or their accountant doesn't know how to file it.

  • ×
    Uncertain eligibility - you don't know if your R&D work qualifies under CRA's technical criteria.
  • ×
    Weak technical narrative - engineering work gets described in marketing language and the claim gets denied.
  • ×
    Bad time tracking - no clean split between R&D and non-R&D hours, so the claim shrinks.
  • ×
    Fear of audit - firms tell you SR&ED is "risky" because they don't know how to defend it.
Eligible R&D activities
Up to 65%
Combined federal + provincial recovery
Software & algorithms
AI / ML models
Hardware / embedded
Cloud & data infra
What you get in every claim

A defensible, maximized SR&ED claim - done for you.

Eligibility assessment
Technical narrative (T661)
Costing schedule
CRA submission & audit defense
Provincial credit filed
Included
How We Help

How we help you capture the full SR&ED credit.

We speak both languages - CRA technical criteria and how engineers actually build. That's why our claims get approved, and why we recover more than firms that treat SR&ED like an afterthought.

  • Technical interviews - we sit with your engineers to extract the uncertainties, hypotheses, and iterations CRA wants to see.
  • Full costing model - salaries, contractors, materials, and proxy overhead calculated for maximum eligible spend.
  • Retroactive claims - we recover credits from your prior tax year, not just current.
  • Audit-ready file - if CRA asks, we defend the claim at no extra cost.
Dilan Ropero

"If you're building software in Canada, SR&ED is one of the largest sources of non-dilutive capital available to you - we make sure you claim every dollar you're entitled to."

Dilan Ropero, MSc - Senior Accountant
Book a strategy call Calculate Your Tax Credit
The MyBookly Difference

How we compare with other SR&ED consultants.

Contingency-fee shops chase volume. We build claims that survive CRA review because our team actually understands the technology.

MyBookly SR&ED

Technical + accounting expertise on the same file, so nothing gets lost in translation.

  • Technical writers with engineering backgrounds
  • Coordinated with your corporate tax return
  • Audit defense included
  • Transparent, flat-scoped fees
Typical SR&ED consultants

Volume-first shops that hand you a template narrative and hope CRA doesn't look too closely.

  • ×Generic narratives that trigger audits
  • ×Disconnected from your corporate accounting
  • ×Audit support charged separately
  • ×25–30% contingency fees
Who Qualifies

Industries and work that qualify for SR&ED.

If your team is solving technical problems where the solution wasn't obvious, you likely qualify.

💻

Software & SaaS

New algorithms, performance optimization, novel architecture, scaling challenges, and integrations that pushed past standard practice.

🤖

AI & Machine Learning

Model development, training pipelines, custom architectures, and applied ML research that solved uncertainties.

⚙️

Hardware & Embedded

Circuit design, firmware, IoT devices, and prototyping where the outcome wasn't guaranteed.

☁️

Cloud & DevOps

Custom infrastructure, distributed systems, and data platforms built beyond what off-the-shelf tools offered.

🧪

Biotech & Cleantech

Experimental development, formulation work, and process improvements backed by data.

🏭

Manufacturing & Engineering

New processes, tooling, materials testing, and automation projects that required iteration.

Our Process

Our step-by-step SR&ED process.

Predictable, low-touch, and designed to maximize the credit without disrupting your engineering team.

01

Free eligibility call

15-minute qualification so we know before you commit whether the credit is real.

02

Technical interviews

We sit with your engineers to extract the R&D story and quantify the eligible work.

03

Claim preparation

Narrative, costing, T661, and provincial schedules built and reviewed with you.

04

Filing & defense

Submitted with your corporate return. If CRA reviews, we defend it end-to-end.

Danny Khanna

"Most tech founders don't realize CRA will refund up to 35% of their R&D spend in cash. We make sure you actually get it."

Danny Khanna, MBA - Managing Director
Book a strategy call Calculate Your Tax Credit
FAQ

Questions you may have about SR&ED.

Who is eligible for SR&ED?

Any Canadian business performing basic research, applied research, or experimental development to resolve a technological uncertainty. Most software, engineering, and product-development companies qualify.

Can I claim for prior years?

Yes. You have 18 months from the end of your fiscal year to file. Most clients recover a prior-year claim in their first engagement with us.

What if my company isn't profitable?

For CCPCs, the federal credit is refundable - meaning CRA sends cash even if you owe no tax. Pre-revenue startups routinely receive six-figure refunds.

Ready when you are

See what CRA owes you in about 60 seconds.

Answer six quick questions and get an instant estimate of your SR&ED refund.