The Canada Revenue Agency (CRA) has released the T661(13), which accommodates the legislative changes that will come into effect on January 1, 2014. The old T661(12) version of the form can be used until until December 31, 2013. Starting January 01, 2014, the CRA will accept only the T661(13) version of the form for all tax years.
The following changes have been made:
- Removed lines 223 to 229 in Part 2.
- Removed lines 230 and 232 in Part 2. The relevant information from these lines is now requested on lines 620 and 622 in Part 7.
- Temoved lines 235 to 238 in Part 2.
- Consolidated former Sections B and C in Part 2 so that all claimants answer the same three questions in Section B; Changed the order of the questions in Section B.
- Introduced notes in Parts 3 and 4 to advise that expenditures for capital property or the right to use capital property can no longer be claimed after December 31, 2013.
- Changed the descriptions for lines 350, 355, 390, and 504 to reflect that expenditures for capital property or the right to use capital property can no longer be claimed after December 31, 2013.
- Changed the description for line 820 to accommodate the 10% reduction in the prescribed proxy amount (PPA) for the number of days after December 31, 2013, in the tax year.
- Introduced new Part 9 to capture SR&ED claim preparer information.
- Part 10 is formerly Part 9–Certification.
