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All  ·  CRA  ·  Funding Programs  ·  SR&ED

SR&ED Reviews/Audit Updates on COVID-19

By admin  Published On April 13, 2020

Each day Braithwaite continues to monitor the changes released by the Government of Canada on the Scientific Research and Experimental Development Program due to the Coronavirus.

The newest changes announced by the Government of Canada is on reviews and audits. For companies to receive their SR&ED returns quicker that are currently in review and or audit, the Government of Canada will complete these claims as soon as possible. In addition, no claims submitted going forward will be subject to review and or audit.

Please keep in mind that the Government of Canada has mentioned that claims submitted can be subject to further review when the Coronavirus pandemic subsides. Either way, when filing claims with Braithwaite, it is our mission to maximize your claim with the proper documentation.

Source: Government of Canada

https://www.canada.ca/en/revenue-agency/services/scientific-research-experimental-development-tax-incentive-program.html


Recent SR&ED Update on COVID-19
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