What is BC SR&ED Provincial Tax Credit?
BC SR&ED Provincial Tax Credit is delivered by Government of BC / CRA as a tax credit. Funding is typically 10% of qualifying BC SR&ED expenditures (refundable for CCPCs and eligible Canadian public corporations). This page covers eligibility, intake status, and what an application actually requires.
At a glance
| Funding amount | 10% of qualifying BC SR&ED expenditures (refundable for CCPCs and eligible Canadian public corporations) |
|---|---|
| Cost share | 0% |
| Level | Provincial |
| Program type | Tax Credit |
| Delivered by | Government of BC / CRA |
| Available in | BC |
| Intake status | Open - claim on BC corporate tax return |
| Last verified | 2026-10-05 |
Who qualifies
- Eligible industries: All industries with R&D in BC
- Eligible activities: Qualifying R&D expenses in BC; stacks with federal SR&ED
Watch out for
Non-R&D activities; outside BC
Deadlines & how to apply
BC Budget 2026 made the credit permanent. For tax years beginning on or after December 16, 2024: refundable credit extended to eligible Canadian public corporations, expenditure limit raised to $6M, capital expenditures restored as qualified BC expenditures (mirroring federal Bill C-15 changes). Non-refundable 10% for others, carry-forward 10 years.
How NorthGrants helps with BC SR&ED Provincial Tax Credit
Most business owners read about BC SR&ED Provincial Tax Credit, see the funding amount, and stop. The hard part isn't finding the grant. It's building a complete application that answers what the program asks for.
NorthGrants builds the full application framework for you: a tailored project narrative aligned to this program's evaluation criteria, a budget structure that maps to eligible costs, and the supporting documentation checklist. You review it, refine the parts only you can write, and submit.