A comprehensive, searchable list of CRA SR&ED forms.
Naming the contractors who performed your claimed SR&ED work on your T661 Scientific Research and Experimental Development (SR&ED) Investment Tax Credit application form can be tricky business. Failing to understand the CRA’s requirements of a contractor can result in a costly review. In this post, we discuss Lines 267, 268, Read more…
When preparing a T661 for submission to the Canada Revenue Agency as part of your Scientific Research & Experimental Development (SR&ED) investment tax credit application, Line 244 is the largest part of what is colloquially known as the “technical narrative”. In this section, you are asked “What work did you Read more…
When applying to the Canada Revenue Agency for Scientific Research & Experimental Development (SR&ED) investment tax credits, the title you give your SR&ED project can ultimately decide its fate in the hands of a discerning CRA agent. Make sure you are on target for a successful application by following the Read more…
The Canada Revenue Agency (CRA) offers two distinct services to those who want to obtain a ruling on their SR&ED tax incentive claim before they submit their application; a pre-claim consultation (PCC) or a pre-claim review (PCR). The following article will discuss the similarities and differences between the two Read more…
What is a “specified employee” in SR&ED, and how does the understanding of this term impact an SR&ED claim? Small businesses account for just under 98 percent of all firms in Canada,1 and a 2005 survey by Canadian Advanced Technology Alliance (CATA) revealed that 69% of its respondents belonged to Read more…