Budget 2025: You may qualify for more SR&ED credits. Find out how much you're owed below.
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FY 2024 / Base Case

Last updated: Just now

Total Estimated Credits

$142,500

Audit Risk Score

Verified
Document Score: 94/100Document Score: 94/100

Qualified Expenditures

$335,294
Total$142k

Breakdown

Federal (ITC)
$92,625
Provincial (ORDTC)
$49,875
Net Benefit$118,500

Calculate Your SR&ED Refund

Get an accurate estimate of your potential claim based on your specific company profile and R&D expenditures.

Company Profile

R&D Spend

$250,000
$50,000
$10,000
$0
Estimated Total Benefit
$156,772
50.6% Yield on Spend
Prescribed Proxy (55% overhead)+$137,500
Federal ITC$151,162
Provincial Credit (Ontario)$5,610
* This calculation uses the Proxy Method for a CCPC in Ontario. Results are estimates based on standard SR&ED eligibility criteria.
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AI Classification

Categorizing documents instantly

Staging Area

payroll_Q3.csv
aws_invoice.pdf
architectural_plans.pdf
hardware_receipts.pdf
Technical0
Salaries0
Contractors0
Materials0
AI Classification

Intelligent
document routing.

Don't manually enter data. Just drag and drop financial statements, payroll records, and invoices. Our AI extracts and instantly categorizes every expense like Salaries, Contractors, Materials, and Technical costs into the correct buckets for calculation.

Expert-Guided Workflow

Generate a baseline draft
for expert review.

Watch the AI organize your scattered notes into a cohesive technical baseline. This gives you a massive head start and provides our experts the perfect foundation to maximize your return and lock in your audit defense.

AI-Assisted Preparation

Automatically generate draft descriptions from your raw data and interview answers.

UncertaintiesQuestion 2 of 4

What were the key technical obstacles you faced?

Describe specific limitations in standard technology that prevented immediate success.

Auto-completing
The standard encryption library introduced a 200ms latency overhead when processing real-time signals, which exceeded our system budget of 50ms. We attempted to optimize the key generation...

Frequently Asked Questions

Everything you need to know about claiming your SR&ED refund.

SR&ED (Scientific Research and Experimental Development) generally includes basic research, applied research, and experimental development. If you are developing new products, improving existing ones, or overcoming technological uncertainties, you likely qualify.
Tenant
Acme Corp Inc.
FY
Fiscal Year
2024 (Ending Dec 31)
Base ScenarioActive
Aggressive Filing
Structured Workflow

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different scenarios.

Stop drowning in loose spreadsheets. Our tool lets you model different financial outcomes by comparing base tracking against aggressive scenarios, all securely organized by Fiscal Year.

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Real-Time Estimations

Watch your return
calculate instantly.

Stop waiting weeks for a preliminary assessment. Toggle between overhead methods or adjust salary expenditures to see the exact impact on your Federal and Provincial credits live.

Real-time Calculation

Net Benefit
$118,500
+12% vs Traditional
Salaries$450,000
Materials$15,000
Export Package
FORM T661 (24)
Scientific Research & Experimental Development
300Total qualified expenditures
$1,240,500
340Arm's length contracts
$85,000
502Prescribed proxy amount
$620,250
PART 4 - CALCULATION$415,200.00
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