Allowable SR&ED Expenditures

Salaries and Wages

Salary and Wage Expenditures refer to the eligible expenses associated with the compensation paid to employees directly involved in conducting SR&ED work. 

For additional details on salary and wage expenditures, kindly consult https://sredx.tistory.com/entry/Salary-and-Wage-Expenditures

SR&ED Salary and Wage Expenditures

 

Materials

Materials expenditures refer to the costs associated with the purchase, consumption, or use of materials, substances, or supplies that are directly used in eligible SR&ED work.

For additional details on material expenditures, kindly consult https://sredx.tistory.com/entry/SRED-Materials-Expenditures 

SR&ED Materials Expenditures

 

Contracts

Contract expenditures refer to costs incurred by a business for research and development (R&D) activities that are outsourced to third-party contractors or subcontractors.

For additional details on contract expenditures, kindly consult https://sredx.tistory.com/entry/SRED-Contract-Expenditures

 

Third Party Payments

Third-party payment expenditures refer to payments made to external organizations or individuals who provide research or development services that directly support a company's SR&ED project.

For additional details on third-party payments, kindly consult https://sredx.tistory.com/entry/Third-party-payments

 

Overhead

 Overhead expenditures refer to indirect costs that a business incurs in support of its research and development (R&D) activities. 

For additional details on overhead expenditures, kindly consult https://sredx.tistory.com/entry/Two-methods-to-calculate-SRED-Overhead-Expenditures