SR&ED Tax Credit Calculator
calculate_sredCalculate federal and Alberta SR&ED tax credits using qualifying expenditures, salary base, CCPC status, proxy method, and Alberta IEG to determine refundable amounts.
Instructions
Calculate federal and Alberta SR&ED (Scientific Research and Experimental Development) tax credits. Covers enhanced CCPC rate, basic rate, proxy method, and Alberta IEG.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| is_ccpc | No | Is the corporation a CCPC? | |
| salary_base | Yes | Salary and wages of employees directly engaged in SR&ED ($) | |
| taxable_capital | No | Taxable capital of associated group ($) | |
| use_proxy_method | No | Use the proxy method for overhead (55% of salary base)? | |
| qualifying_expenditures | Yes | Total qualifying SR&ED expenditures ($) | |
| prior_year_taxable_income | No | Prior year taxable income (for expenditure limit reduction) ($) |