The in-person review of your SRED claim involves determining whether you did eligible work, and then if it is decided that you did, a reviewer makes a decision as to what it cost, i.e.: what expenditure amounts are eligible.
Month: May 2017
Disputing a SR&ED Review
Once the CRA reviewers have looked over your claim and received as much of the requested information that they think they are likely to get, they will either accept the claim as filed, or they will write a proposal to amend the claim.
Reviewing your SR&ED Claim
Once your SR&ED claim is filed (within 18 months of the corporation’s year-end…..NO exceptions), CRA processes it. The initial review is a computer-assisted one that assigns a risk assessment score based on the wording and financial info provided.
SRED eligibility focuses on what the work is, how the work was done, why it was done, where it was done, and when it was done.