AboutArchiveEligibilityForms (No Longer Active)PoliticsPress ReleasesSR&ED Updates and ChangesTechnical Eligibility

SR&ED Policy Review Project – Final Policy Documents Released

Reference Article (>5 Years Old)
Please note that the information herein may be outdated, links could be inactive, and policies discussed may have evolved. For the most current data, consult our latest publications. If you would like us to refresh this article as it is of interest to you, please contact us.
SR&ED Policy Review Project - Final Policy Documents Released
SR&ED Policy Review Project – Final Policy Documents Released

At long last, the release of  Phase 6 final  policy document is completed. Here are the newly updated SR&ED policy documents, ready for your review. 

As a result of the consolidated public consultation conducted by the CRA from 2010-2012, the updated SR&ED policy review was released on Wednesday, December 19th and can be accessed via the CRA website.

After the Government of Canada tasked the Canada Revenue Agency (CRA) with improving the administration of the SR&ED program, including conducting a comprehensive review of SR&ED policies and procedures, the CRA implemented an SR&ED Policy Review Project. The CRA is pleased to announce the successful completion of this project and to release new, consolidated SR&ED policy documents.

A Complete Overhaul of SR&ED Documents

It’s not often we can definitively say the CRA has gotten something right. Under the guidance of Helene Marquis, this project has come a long ways since the consultations almost a year ago. When the draft documents were initially released, they were just that – drafts, in need of considerable revision. The final policy documents, listed below, reflect the careful consideration of the department and consultations regarding alignment with current legislation and jurisprudence.

Don’t take our word for it. Below are the links to the updated policy documents:

Highlights: Eligibility Document & SR&ED Glossary

Easily the two best links are Eligibility of Work for SR&ED Investment Tax Credits Policy and SR&ED Glossary. The two documents are inter-related – while reading through the eligibility document, it’s possible to click on any key term and have it go directly to that term in the glossary. The definitions in the glossary as also very well done, showing where SR&ED work likely ends and routine development begins, along with common exceptions (often leaning towards eligibility).

Summary: A Great Start – Will It Continue?

At long last, it’s a clear explanation of the SR&ED program, with clear questions based on jurisprudence. While the CRA SR&ED Policy department has done an exceptional job with the launch of this, it remains to be seen whether the administration reflects the positive outlook of headquarters. The gap between politics, policy, and administration have been quite wide over the last few years. At SREDucation, we’ll be watching to see if this new direction is accurately reflected in taxpayer interactions with the CRA. Our fingers are crossed.

Connect With Us! 

Share your thoughts by commenting below or joining the conversation on our LinkedIn page, Facebook page, or via Twitter. 

Elizabeth Lance

Elizabeth is known as the "SR&ED Maven" in the industry. With a love of documentation and the nuances of language, she is often engaged by multi-million dollar companies to help improve documentation and workflow processes. Her favourite sentence (which she hears regularly) is "Accepted as Filed". Find out more about her on LinkedIn.

Leave a Reply