This post outlines SR&ED program updates from January-March 2020, including administrative, policy, tax law, and court cases. We have identified some key trends to watch in the SR&ED environment. Administrative, Policy, and Legislative The first quarter of 2020 brought some SR&ED news and information updates from CRA. While the program Read more…
On April 11, 2020, the Canadian government implemented legislation regarding a new Canada Emergency Wage Subsidy (CEWS); the implications of this $73 billion subsidy and SR&ED claims is yet to be determined. This post will look at the legislation and how it may impact SR&ED. Canada Emergency Wage Subsidy (CEWS) Read more…
COVID-19 has impacted everyone around the world and has created disruption in SR&ED payments and claims. We are here to update you with information on how your claims may be impacted. SR&ED Payments and COVID-19 in the news In a recent news article on Betakit.com, “SR&ED PAYMENTS BEGINNING TO FLOW Read more…
Breaking news: CATA asks CRA for Emergency Aid for Tech Firms. The tech industry is not immune to COVID-19 crisis and challenges it has posed for Canada (and across the globe). According to an article published April 13, 2020, on ITBusiness.ca “CATA asks PM to assist tech firms with rapid Read more…
The most important form you will need to fill out in order to apply for SR&ED investment tax credits is the form T661. This form is required by the CRA in order to process your tax credit application. Over the past few years, we have described the CRA’s fillable T661 Read more…