Back in October 2013, CRA released a new version of the T661 SR&ED form that included the addition of Part 9 – SR&ED Preparer Information. This new section of the form was the talk of the community as it raised a few concerns about confidentiality if a separate entity from the preparer was filing the claim. CRA seems to have taken note and released a change in how to go about filing this new section.
CRA has released a major change in that Part 9 can now be filed SEPARATELY from the T661 (13). The following is taken directly from the CRA website:
The new measures also mention that the Cover Letter/Part 9 and the actual T661 SR&ED form must be filed at the same time. Even though they may be mailed separately, CRA may apply a hefty penalty of $1000 if one of the elements is missing. It’s also imperative to remember to include the information of ALL preparer’s that may have been involved with organizing the claim.
If you have any questions pertaining to this new T661 measure and how this may affect your claim, please contact a BeneFACT Consultant today.
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