The oil & gas and chemical industries are full of innovation. Sometimes SR&ED is only seen as an opportunity for larger companies, but this is not so: mid-size and smaller companies innovate just as frequently. Other times, because development often happens incrementally, companies do not see these developmental steps as proper innovations, and as a result do not file a claim.

Successful claims can be filed by manufacturers of resin, rubber, paint, coating, adhesive, ink, petrochemical, pesticide fertilizer and other agricultural chemicals, soaps and cleaning compounds. They can also be filed by every type of company in the drilling and extraction of oil and gas as well as providers of machinery and operations support.

Don’t let these dollars go unclaimed. Even if you are unsure of how experimental a project is, contact SRED Unlimited for a second opinion.

Maximize your SR&ED for Chemical research tax credit and refund claim