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 | 2026-06-12 |
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 an application that actually wins.
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.