CRA's best effort is to deliver SR&ED grants in a timely, consistent, and predictable manner, while encouraging research and development (R&D) performers to prepare their claims in compliance with tax laws, policies, and procedures. There are four major processing categories determined by CRA in which aimed to be met 90% of the time: refundable claims – 120 calendar days from receipt of … [Read more...] about How soon the government money will be in your business hands?
Grants
New Changes to SR&ED Application Form commencing Oct. 2013
In October 2013, the Canada Revenue Agency (CRA) released a revised version of SR&ED Form for Scientific Research and Experimental Development (SR&ED) Expenditures Claim. The new form has been simplified to accommodate the legislative changes coming into effect on January 1, 2014. The new version of the form will consolidate former Sections B and C in Part 2 so that all claimants answer … [Read more...] about New Changes to SR&ED Application Form commencing Oct. 2013