The Canadian Revenue Agency (CRA) has made it clear to support research and innovation across Canada through these tough times. In doing so, has announced at the beginning of September, CRA has extended SR&ED filings for FYE 2018 claims all the way to December 31st, 2020. Below is a breakdown of the schedule as the extension is for six months from the filing due date or December 31st, 2020, whichever comes first;
|Companies FYE||Original 18 Month Deadline||Extended Deadline|
|September 30th, 2018||March 31st, 2020||September 30th, 2020|
|October 31st, 2018||April 30th, 2020||October 31st, 2020|
|November 30th, 2018||May 30th, 2020||November 30th, 2020|
|December 31st, 2018||June 30th, 2020||December 31st, 2020|
If your fiscal year end falls between October to December 2018, there is still time to submit an SR&ED claim. Please do not hesitate to contact Braithwaite Canada with all of your SR&ED needs.
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