Saskatchewan eliminates refundability, cuts rates of SR&ED credits

Temps de lecture : 0 min 26s

emergex

19 March 2015

In its budget released on March 18th, the Saskatchewan government has decided to cut tax credits for scientific research and experimental development (SR&ED). The rate companies enjoyed will be reduced from 15% to 10%. As well, the province is eliminating the refundability of the incentive program, meaning companies will only be able to use the credits to pay their income taxes. This will be a major blow to startups and small companies who relied on the program to generate cashflow.

These changes are effective starting April 1st 2015.

Contact us

Other post

19 September 2024

The AI Hype: Separating Fiction from Reality

Artificial Intelligence (AI) has become one of the most overused buzzwords in business today. Companies everywhere are quick to claim that their processes are “AI-driven,” leading to inflated expectations. While AI is undoubtedly transformative, let’s be realistic about what it can actually achieve right now, especially when it comes to complex tasks like SR&ED tax […]

27 October 2025

Webinar on the financial aspects of SR&ED

Do you know the answer to all these questions? If you do not have the answer to all of these questions, you risk losing out on tax credits, so sign up now! Please note this event will be held in English. To sign up, call 514-765-3333 #110. When Wednesday, December 10, 2025, from 12 PM […]

26 October 2025

Webinar on the technological aspects SR&ED

Do you know the answers to all these questions? If you don’t have the answer to all of these questions, you may be losing out on tax credits. So sign up now. This event will be held online on Wednesday, November 19th, 2025, from noon to 3:00 pm (EST). To reserve a spot, contact 514-765-3333 […]

Une personne présentant un séminaire face à un public

25 October 2025

Seminar on the E-Business tax credit (in French)

Do you know the answers to *all* of these questions about the E-Business tax credit? What is the amount of tax credits that can be obtained? What are the activities eligible for the program? What criteria must my business meet to be eligible? How can I structure my business to meet the criteria? What documentation […]