Changes to SR&ED Financial Policy Documents (Dec 2014)
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In late December 2014, the Canada Revenue Agency (CRA) posted updated versions of the Scientific Research and Experimental Development (SR&ED) program’s financial policy documents. According to the CRA’s update announcement, the documents were revised to “accommodate the legislative changes that have been announced from 2012 to the present” by the federal government.
SR&ED Financial Policy Documents Affected
All seventeen of the SR&ED program’s financial policy documents have been affected as a result of this update, impacting filing requirements, lease expenditures, capital expenditures, traditional and proxy SR&ED calculation methods, and more.
Below are links to the updated policies. Note that each policy page has  a section entitled “Explanation of changes” that details why and how the changes were exacted:
SR&ED Filing Requirements Policy
Traditional and Proxy Methods Policy
Contract Expenditures for SR&ED Performed on Behalf of a Claimant Policy
SR&ED Lease Expenditures Policy
SR&ED Overhead and Other Expenditures Policy
SR&ED Capital Expenditures Policy
Pool of Deductible SR&ED Expenditures Policy
Total Qualified SR&ED Expenditures for Investment Tax Credit Purposes Policy
Prescribed Proxy Amount Policy
SR&ED Shared-Use-Equipment Policy
Assistance and Contract Payments Policy
SR&ED Investment Tax Credit Policy
Recapture of SR&ED Investment Tax Credit Policy
SR&ED Claims for Partnerships Policy