The Canadian Revenue Agency (CRA) has made it clear to support research and innovation across Canada through these tough times. In doing so, as 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.