The 2012 Federal Budget announced administrative measures to improve the predictability of the SR&ED program, one of which was to investigate the feasibility of a SRED pre-approval service.
The proposed pre-approval service would be an option to claimants to help plan and budget for upcoming SR&ED projects. It has been proposed that claimants would be offered SR&ED advisory services, advice on preparing and submitting a SR&ED claim, faster processing of SR&ED tax claims, and a reduction of the effort to prepare a SR&ED claim.
As part of the feasibility study, the CRA is currently conducting an online questionnaire that can be completed prior to August 1, 2013. If you wish to contribute to the feasibility study, the online questionnaire is available from the CRA’s website.
