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BC Scientific Research & Experimental Development Tax Credit
Tax credit for R&D in British Columbia
Last Update: May 25, 2026
Funding available
$ 3,000,000
Timeline
- Open continuously
Location
British Columbia, Canada
Overview
Tax credit of 10% for scientific research and experimental development expenditures in British Columbia. Refundable for expenditures under $3 million.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Conduct research and development activities
Eligible Funding
- Maximum amount : 3,000,000 $
- Up to 10% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Professional, scientific and technical services
Location
- British Columbia
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Projects involving scientific research conducted in British Columbia.
- Experimental development activities aimed at technological advancement or innovation in B.C.
Official resources
Eligibility
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
1
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).
2
Gather Documentation
Collect all necessary documents related to SR&ED expenditures, including financial statements and technical reports, for the tax year.
3
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.
4
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.
5
Submit Tax Return
Submit your completed T2 Corporation Income Tax Return and the T666 form to the Canada Revenue Agency (CRA).
6
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
Frequently Asked Questions about the BC Scientific Research & Experimental Development Tax Credit Program
What is the BC Scientific Research & Experimental Development Tax Credit?
Tax credit of 10% for scientific research and experimental development expenditures in British Columbia. Refundable for expenditures under $3 million.
How much funding can be received?
BC Scientific Research & Experimental Development Tax Credit Funds up to 10% of admissible expenses, capped at $3,000,000 per project.
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
What expenses are eligible under BC Scientific Research & Experimental Development Tax Credit?
Projects involving scientific research conducted in British Columbia.
Experimental development activities aimed at technological advancement or innovation in B.C.
Who can I contact for more information about the BC Scientific Research & Experimental Development Tax Credit?
You can contact Government of British Columbia (BC) by email at itbtaxquestions@gov.bc.ca or by phone at 1-877-387-3332.
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 British Columbia.
Is the BC Scientific Research & Experimental Development Tax Credit a grant, loan, or tax credit?
BC Scientific Research & Experimental Development Tax Credit is a Tax Credits