BC Scientific Research & Experimental Development Tax Credit

Q: What is the deadline to apply?

The deadline to apply is not specified.

Q: Who is eligible for the BC Scientific Research & Experimental Development Tax Credit program?

To be eligible for the BC Scientific Research & Experimental Development Tax Credit program, you must: • Qualifying corporation with a permanent establishment in British Columbia • Expenditures incurred for SR&ED in B.C. before September 1, 2027 • Only Canadian-controlled private corporations (CCPCs) eligible for refundable credit

Q: Who can I contact for more information about the BC Scientific Research & Experimental Development Tax Credit?

You can contact Government of British Columbia by email at itbtaxquestions@gov.bc.ca or by phone at 1-877-387-3332.

Q: Where is the BC Scientific Research & Experimental Development Tax Credit available?

The BC Scientific Research & Experimental Development Tax Credit program is available the province of BC.

Last Update: July 22, 2025

BC, Canada

Tax credit for R&D in British Columbia

At a glance

Eligible Funding

Max. $3,000,000
Up to 10% of project cost

Timeline

Unspecified

Financing Type

Tax Credits

Eligible Industries

Professional, scientific and technical services

Funds Providers

Unspecified

Program status

Open

Overview

Tax credit of 10% for scientific research and experimental development expenditures in British Columbia. Refundable for expenditures under $3 million.

Financing terms and conditions

Refundable tax credit of 10% of the lesser of the corporation's qualified SR&ED expenditures for the year or the expenditure limit (generally $3 million).
Non-refundable tax credit of 10% for expenditures exceeding the expenditure limit, or for qualifying corporations not eligible for the refundable credit, calculated as 10% of qualified expenditures less the refundable credit and any amount renounced that year.
Unused non-refundable credits can be carried back 3 years or forward 10 years.

Activities funded

Projects involving scientific research conducted in British Columbia.
Experimental development activities aimed at technological advancement or innovation in B.C.

Examples of admissible projects:

$ 180,000

Creating AI algorithms for predictive maintenance in manufacturing plants

$ 30,000

Researching cutting-edge biotechnology for medical diagnostics

$ 27,000

Developing an advanced waste-water treatment system for urban areas

$ 200,000

Development of a novel biodegradable packaging solution for the food industry

$ 22,000

Creating an innovative mobile app for improving mental health

$ 250,000

Innovating sustainable energy solutions for remote communities

Eligibility

The applicant must be a corporation with a permanent establishment in British Columbia.
The corporation must carry out scientific research and experimental development (SR&ED) activities within British Columbia.
The credit can be claimed by Canadian-controlled private corporations (CCPCs) or other qualifying corporations.
Eligible expenditures must be incurred before September 1, 2027.

Who is eligible?

Qualifying corporations with a permanent establishment in British Columbia
Canadian-controlled private corporations (CCPCs) conducting scientific research and experimental development (SR&ED) in British Columbia
Other qualifying corporations (not CCPCs) carrying out SR&ED in British Columbia
Active members of partnerships that are qualifying corporations with SR&ED activities in British Columbia

Eligible expenses

Qualified expenditures related to scientific research and experimental development (SR&ED) activities carried out in British Columbia.

Eligible geographic areas

Corporations with a permanent establishment in British Columbia.

How to apply

Verify Eligibility

Ensure that your corporation qualifies as a Canadian-controlled private corporation (CCPC) engaged in SR&ED in B.C. before the applicable date.
Review the eligibility requirements in the bulletin, British Columbia Scientific Research and Experimental Development Tax Credit (CIT 007).

Gather Documentation

Collect all necessary documents related to SR&ED expenditures, including financial statements and technical reports, for the tax year.

Complete Forms

Fill out the British Columbia Scientific Research and Experimental Development Tax Credit (T666) form.
Prepare your T2 Corporation Income Tax Return, including Schedule 5, Tax Calculation Supplementary – Corporations.

Claim Credit in Tax Return

Enter the refundable credit amount on line 674 of Schedule 5.
Enter the non-refundable credit amount on line 659 of Schedule 5.

Submit Tax Return

Submit your completed T2 Corporation Income Tax Return and the T666 form to the Canada Revenue Agency (CRA).

Meet Deadlines

Ensure that the claim is made no later than 18 months after the end of the tax year in which the qualified expenditures were incurred.

Additional information

If property used in SR&ED is sold or converted to commercial use within 10 years, a recapture of credits previously claimed may be required.
Active partners in partnerships may claim a share of the partnership’s non-refundable credit if they are qualifying corporations.
Questions regarding the credit can be directed to designated government contacts via phone or email.
The British Columbia Income Tax Act, Part 6, outlines legislative requirements for this tax credit program.

Contacts

itbtaxquestions@gov.bc.ca

1-877-387-3332

Apply to this program

Frequently Asked Questions about the BC Scientific Research & Experimental Development Tax Credit Program

Here are answers to the most common questions about the BC Scientific Research & Experimental Development Tax Credit. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.