Across Canada, most SR&ED consultants charge contingency fees ranging from 10% to 30% of the Investment Tax Credit (ITC) earned (and, where applicable, refunded). Depending on the company’s structure and tax position, SR&ED credits may be refundable or non-refundable.
The percentage often depends on:
- the size of the claim
- the complexity of the technical work
- whether the consultant prepares the technical narratives
- whether the client already works with the firm for accounting services
Larger claims generally attract lower percentages because the effort required does not increase proportionally with claim size.
How We Approach SR&ED Pricing
Our goal is to make SR&ED accessible to small and mid-sized businesses while maintaining the quality required to withstand potential CRA review.
The pricing model we use generally includes:
- A contingency-based fee structure calculated as a percentage of the Investment Tax Credit.
- A minimum engagement fee to ensure adequate claim preparation
- Reduced rates for integrated accounting clients
This structure allows us to spend the time necessary to properly document claims while keeping fees competitive.
Discounts for Integrated Clients
Many of our SR&ED clients also work with us for corporate tax or bookkeeping services.
Because we already have a deeper understanding of these businesses and their financial records, we are able to prepare claims more efficiently.
For that reason, our firm offers reduced contingency rates for clients who engage us for ongoing accounting services, including:
- corporate tax and year-end work
- bookkeeping and year-end services
These integrated engagements allow us to deliver SR&ED support at lower effective rates than standalone claims.
Minimum Fee for Smaller Claims
Like most professional SR&ED providers, we apply a minimum engagement fee for smaller claims.
Preparing a compliant SR&ED claim requires:
- technical interviews
- documentation review
- financial calculations
- preparation of CRA forms (including T661 and related schedules) and supporting narratives
The minimum fee ensures that each claim receives the level of professional attention required.
Our Philosophy on SR&ED Claims
We approach SR&ED claims as part of a long-term advisory relationship, not a one-time consulting project.
Our objective is to:
- help clients claim SR&ED consistently year after year
- ensure claims are well documented and supportable in the event of a CRA review
- integrate SR&ED planning into the broader tax strategy of the business
Final Thoughts
SR&ED can be one of the most valuable tax incentives available to innovative Canadian businesses.
If you are unsure whether your work qualifies or want to better understand how the program works, our team would be happy to discuss your situation.
