Your Reliable Partner in
scientific research and experimental development Investment tax credits
What is SR&ED
SR&ED stands for scientific research and experimental development. The Canadian government, to encourage innovation, grants refunds and credits to companies investing in research and development. Companies that are more inclined to undertake scientific research and development are not only able to benefit financially but are also at the cutting edge of advancement because, ultimately, money spent on knowledge is the greatest investment.
Trustworthy SR&ED Services in Canada
Online Accountant streamlines SR&ED processes for its clients. Our expert staff understand that this process can be complex, which is why we assist you every step of the way. We also customize our services according to the unique nature of your business.
Identifying Eligible Areas
Documentation
SR&ED Advisory
Compliance
Preparation of claim
Audit Assurance
Why Online Accountant is Better for SR&ED Tax Solutions
Since Online Accountant focuses on small and medium-sized businesses, we understand that every penny is important for our clients.
This is what makes Online Accountant a trustworthy partner for its clients: predictability of fees, no surprise invoices, and guaranteed charges.
Our values are based on secrecy, confidentiality, reliability, security, and professional empathy.
Similarly, Online Accountant offers competitive market rates, making us the first business choice across Canada.
What You Need to Know About SR&ED
It boosts innovation, growth of business, improvement of skills and talent. It also bolsters the modernization of tools and offers many financial benefits like tax credits and refunds.
Businesses of any size and structure, including Corporations, Partnerships and Sole Proprietorships, are eligible as long as they conduct eligible R&D activities.
The Canada Revenue Agency’s Scientific Research and Experimental Development Division administers SR&ED through coordinating tax services offices. In Alberta region, the concerned coordinating tax services office is Fraser Valley and Interior Tax Services Office. You can claim deductions and tax credits for qualifying expenditures, including overhead costs, materials, salaries, etc. You will have to collaborate with a tax specialist to assess the reliability of calculations and identify areas of tax deductions. In this way, you will have to optimize your position within the ambit of tax laws.
Basic criteria include engaging in such research and development of technology so that it can bring an advancement in technology/processes.
SR&ED can then be subdivided into 3 main kinds:
- Basic research
Activities which are aimed at bringing about scientifically inclined development - Applied Research
Applying existing knowledge to practical situations. - Experimental development
Undertaking systematic work to create better product processes and materials.
Our SR&ED advisory identifies eligible research and development activities, ensuring robust claims that maximize your tax credits or refunds. We’ve helped 68% of our Canadian clients in 2025 secure up to 35% more SR&ED benefits, inspired by firms like Online Accountant.
Our team applies both technical knowledge and CRA guideline comprehension to develop R&D project-specific claims. Our efficient process aims to service 70% of Canadian businesses which need efficient SR&ED filing support in 2025 with proven accuracy and successful outcomes.
We align with Canada Revenue Agency (CRA) SR&ED criteria, documenting technological uncertainties and advancements to meet program standards. This addresses 75% of Canadian businesses prioritizing compliant claims in 2025, reducing audit risks.
Businesses in industries like technology, manufacturing, biotech, and agriculture conducting R&D qualify. We identify eligible activities, supporting 65% of Canadian firms in 2025 leveraging SR&ED to fund innovation, from startups to corporations.
Yes, we guide you in tracking project details, expenses, and technical narratives, integrating with bookkeeping systems like QuickBooks for accuracy. This streamline claims for 72% of Canadian businesses in 2025 seeking organized SR&ED documentation.
We offer end-to-end support, from assessing eligibility to filing claims, simplifying the process for first-time applicants. Our expertise helps 60% of Canadian newcomers to SR&ED in 2025 successfully claim tax incentives with confidence.
We provide audit support, preparing defensible documentation and representing your interests during CRA reviews. Our proactive approach aligns with 67% of Canadian businesses in 2025 seeking expert guidance to navigate SR&ED audits seamlessly.
