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 15% of eligible expenditures. It is fully refundable for eligible expenditures made after March 18, 2009.

For eligible expenditures made before March 19, 2009, the credit is non-refundable and may be applied to reduce Saskatchewan tax that you would otherwise have to pay.

You can carry back an unused non-refundable credit to the three previous tax years from the tax year that you made the expenditures. You can also carry forward the unclaimed non-refundable credit to the ten tax years that follow the tax year in which you made the expenditures.

You can renounce the non-refundable research and development tax credit for an eligible expenditure incurred during the year, in whole or in part, under subsection 63 (10) of the Income Tax Act (Saskatchewan).

Claiming the credit

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

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

On line 645 of Schedule 5, Tax Calculation Supplementary - Corporations, enter the amount of the 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)