It will now be easier for small businesses to file for SR&ED!
In 2007, the Canada Revenue Agency (CRA) consulted with Scientific Research and Experimental Development (SR&ED) claimants, members of the Action Task Force on Small Business Issues, and internal stakeholders. Based on these consultaitons, a new T661 form was devised in order to streamline the SR&ED filing process.
The new T661 was released on November the 10th:
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