The Canada Revenue Agency (CRA) has announced that a revised Form T661, Scientific Research and Experimental Development (SR&ED) claim, will be released on October 2013. The new T661 form will accommodate the legislative changes coming into effect on January 1, 2014, and ensure that the form is consistent with the SR&ED policy documents released in December of 2012.
The revised version of Form T661 (13) (revision code 1301) will be effective as of its publication date. The T661(12) version of the form until December 31, 2013. As of January 1, 2014, only the T661(13) version of the form will be accepted for all tax years.
