Saskatchewan research and development tax credit

You can claim this credit if you have a permanent establishment in Saskatchewan, and if you made eligible expenditures for scientific research and experimental development carried out in Saskatchewan.

The credit is equal to 10% of eligible expenditures when incurred after March 31, 2015, and is non-refundable. The unused credit can be carried back 3 tax years and carried forward 10 tax years from the tax year in which you earned the credit.

For eligible expenditures incurred before April 1, 2015, the credit is equal to 15% and is refundable only in certain situations.

The following table summarizes the eligibility criteria for refund:

Effective for qualifying expenditures incurred after March 31, 2012, and before April 1, 2015:

• The tax credit is refundable only for Canadian-controlled private corporations (CCPC), up to a maximum annual limit of $3 million in qualifying expenditures
• Qualifying expenditures that are more than the annual limit for CCPCs, and all qualifying expenditures incurred by other corporations, are eligible for a non-refundable tax credit which may be applied to reduce Saskatchewan tax that you would otherwise have to pay

For eligible expenditures made after March 18, 2009, and before April 1, 2012, the credit is fully refundable for all corporations.

The credit is based on the sum of the corporation's eligible expenditures and on any repayments of government assistance that are related to eligible expenditures.

For eligible expenditures made before March 19, 2009, the whole credit was non-refundable for all corporations. Any remaining credit that has not expired can be carried forward 10 years after the tax year in which you earned the credit.

You can renounce the non-refundable research and development tax credit for an eligible expenditure incurred during the year, in whole or in part.

Claiming the credit

File a completed Schedule 403, Saskatchewan Research and Development Tax Credit. For more details, see the schedule.

On line 645 of Schedule 5, Tax Calculation Supplementary – Corporations, enter the amount of the refundable credit you are claiming.

On line 631 of Schedule 5, enter the amount of the non-refundable credit you are claiming.

Forms and publications

• Schedule 403, Saskatchewan Research and Development Tax Credit
• Schedule 5, Tax Calculation Supplementary – Corporations

Government partners

• Saskatchewan (provincial site)

Date modified:

2017-04-20