In October of 2012, the Canada Revenue Agency (CRA) will be releasing a new Form T661(12), Scientific Research and Experimental Development (SR&ED) Expenditures Claim, to accommodate the legislative changes proposed in the March 2012 federal budget. These changes will begin taking… Read more »
CRA Reviews: Ensuring Claim Approval
In 2008, quite a number of changes took place regarding the SR&ED program. For one, the CRA hired a slew of auditors for SR&ED, increasing the likelihood that a technical and financial reviews will take place, no matter how solid… Read more »
Revised T661 Form Simplies SR&ED Claims For Small Businesses
It will now be easier for small businesses to file for SR&ED! In 2007, the Canada Revenue Agency (CRA) consulted with Scientific Research and Experimental Development (SR&ED) claimants, members of the Action Task Force on Small Business Issues, and internal… Read more »