Braithwaite Canada is thrilled to have CRA conducting the first-time claimant advisory service (FTCAS) again, since the COVID-19 stay at home orders. The FTCAS was designed to educate first-time filers on the SR&ED program as well as highlight some points on what the company is doing right or needs to improve when filing. Since we are currently dealing with COVID-19, there are many changes to the original FTCAS procedure. Below are some changes that companies should be aware of:
Braithwaite Canada will continue to monitor any further changes to the FTCAS, as well as any other reviews that may come up for an SR&ED filing.
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