What is SR&ED? Canada's R&D Tax Credit Explained (Do You Qualify?)

Could your business be owed money for the R&D work it's already doing? In this Swoop webinar, SR&ED specialist Jon Irwin explains how Canada's SR&ED tax credit program works, what counts as eligible work, what's changed, and how you can access cash from your claim sooner. 👉 Find funding options for your business across loans, grants, equity and more: https://app.swoopfunding.ca/get-start... SR&ED (Scientific Research and Experimental Development) is a federal program worth over $4 billion a year, with more than 20,000 claimants annually and most of them are small businesses. In this session, you'll learn: How much you could claim on salaries, contractors, third-party payments and materials The latest changes, including higher expenditure limits, the return of capital equipment and eligibility for public companies How the CRA decides whether your work qualifies The difference between R&D and SR&ED Real examples from software, manufacturing and clean tech What documentation to keep, and why it matters so much How an SR&ED advance can bring your refund forward Chapters 0:00 Welcome 0:06 What is SR&ED? 0:51 What can I claim from SR&ED? 2:44 What has changed about SR&ED? 4:55 The five questions the CRA uses to assess SR&ED eligibility 6:48 The new SR&ED criteria: the "why" and the "how" 8:04 R&D vs SR&ED: what's the difference? 9:50 Which industries qualify for SR&ED? 11:27 SR&ED projects vs company projects 12:44 Key changes and the Ontario manufacturing tax credit 13:51 Examples of eligible SR&ED projects 14:31 Real examples of SR&ED: fleet routing software 15:19 2nd example of SR&ED: welding aluminium to steel 16:21 3rd example of SR&ED: cold-climate heat pump 17:17 How to spot eligible SR&ED work 17:40 The supporting documentation you need for making a SR&ED claim 18:52 Filing every year, consultants and audits 20:26 Q&A: claim rates and combining grants with SR&ED 22:10 How SR&ED advance funding works 23:00 How long it takes to receive your refund 25:31 Next steps: How to start your SR&ED claim 26:14 Why SR&ED suits early-stage businesses Learn more about SR&ED tax credits and check your eligibility: https://swoopfunding.com/ca/business-... Swoop helps Canadian businesses find and compare funding options, from SR&ED advances to loans, grants and equity, all in one place. #SRED #RDTaxCredits #CanadianBusiness #SmallBusinessCanada #BusinessFunding #Innovation