Category:

CRA Updates

April 26, 2016

Recent Tax Court Ruling a Cautionary Tale for SR&ED Review

One of the major benefits of using a consultant to handle your SR&ED claim is they can properly prepare you for a review. A CRA reviewer will look to the tax payer for further documentation and answers to their questions, but a consultant can help you prepare the necessary materials and help you anticipate the Read more…

March 14, 2016

Recent Tax Court Case Admonishes CRA For Lack of Negotiation With Claimant

Whether or not oral evidence is sufficient to support your SR&ED is an issue that arises again and again in CRA audits. Related decisions from the Tax Court of Canada are varied but more often than not, it is upheld that credible oral evidence can be a substitute for documentary proof. Nevertheless, oral evidence on Read more…

February 5, 2016

Rating your CRA Technical Reviewer

There is no denying that the CRA is cracking down on SR&ED claimants. This year alone they have hired around 100 new technical reviewers to extend the audit process to include more claims and companies. They have also tightened eligibility criteria multiple times in past years. Approximately 30% of claims submitted will undergo a review, Read more…

September 1, 2015

Avoid a Terrible Review With These Four Tips

The Scientific Research & Experimental Development (SR&ED) landscape as we knew it pre-Jenkins report era has changed significantly in the last few years. In other words, the Canada Revenue Agency (CRA) is selecting many more firms for reviews, even those companies that are used to getting their SR&ED claims accepted as filed for decades.  The Read more…