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SR&ED News

Improvements to SR&ED Program Announced

Minister Blackburn recently announced improvements to the SR&ED tax credit program. These include:

  • Reporting quarterly on how long it takes to review an SR&ED claim;
  • Spending more time explaining SR&ED program requirements, process and decisions to claimants;
  • Informing claimants if, in the course of a review, the CRA reviewers discover that the claimant has not claimed work that appears to be eligible for credits, so that the claimant can re-submit (subject to submission deadlines).
  • Working to improve consistency in decisions.

More details are available from the Government of Canada News site.