How long will it take to process my claim?
The CRA has four service standards for processing SR&ED claims within specified time frames from receipt of a complete claim. Target results achieved for 2005-2006 are as follows:
|Claim type||CRA Target - meet these standards at least 90% of the time||2005-2006 Results - percent of filings processed within time frame|
|Current-year refundable||120 days||92%|
|Current-year non-refundable||365 days||95%|
|Claimant-requested refundable adjustment||240 days||94%|
|Claimant-requested non-refundable adjustment||365 days||94%|
Reference: CRA SR&ED Service Standards