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The SR&ED complaint is not all the experience I've had. Received 3 successful grants in a row now, all prepared by a 3rd party consultancy. Payment is always fa

The SR&ED complaint is not all the experience I've had. Received 3 successful grants in a row now, all prepared by a 3rd party consultancy. Payment is always fast. The first year we applied we were required to submit some extra documentation to support our claim. This amounted to submitting our git commit logs verbatim. They were happy with that. You don't have to submit hour-by-hour breakdowns either. You submit what % of an engineers time was spent on SR&ED work and what the engineer's salary is. That's it. I imagine it might have to do with which tax centre you're dealing with. Maybe the ones in BC are tougher than the ones here in Toronto/Ontario?

qyv 11y ago
My experience, and several others I have talked to, is completely opposite of yours. Making the claim, even through a 3rd party consultant, was a pain in the ass and the results were very underwhelming. We needed to submit a lot more detail about the work done on the claim than that. Can I ask what years you did your claims?
- waterside81 11y ago
  2012, 2013, 2014
benjaminfox 11y ago
> You don't have to submit hour-by-hour breakdowns either. You submit what % of an engineers time was spent on SR&ED work and what the engineer's salary is. That's it. OP here - the breakdowns and spreadsheets shown in this piece were designed by or with the CRA during the CRA's technical audits of one of my companies. The evidence log screenshot, for instance, was a template provided to us during the technical review that we were required to complete. (The claim was eventually accepted unadjusted FWIW.)
ageektrapped 11y ago
It's fine _if you're not audited_. In Ottawa. We got audited for FY 2013. It was brutal. Took the entire FY 2014 to get our claim. We got it in full because of me explaining everything several times in front of the auditor. It's hard to do because you have to put everything into those specific terms that SR&ED qualifies: experimental development, systems uncertainty, blah blah blah The man hours spent were not worth it. Nearly killed the company with the cash flow problems as OP mentioned. Applied again for FY 2014, betting on not getting audited. CEO asked around, found this runaround/hard audit was common for recent claims. We think it's one of those Harper government, we're-not-saying-there-is-cutback-but-there-is-a-cutback type things.

qyv 11y ago

My experience, and several others I have talked to, is completely opposite of yours. Making the claim, even through a 3rd party consultant, was a pain in the ass and the results were very underwhelming. We needed to submit a lot more detail about the work done on the claim than that. Can I ask what years you did your claims?

waterside81 11y ago
2012, 2013, 2014

benjaminfox 11y ago

> You don't have to submit hour-by-hour breakdowns either. You submit what % of an engineers time was spent on SR&ED work and what the engineer's salary is. That's it. OP here - the breakdowns and spreadsheets shown in this piece were designed by or with the CRA during the CRA's technical audits of one of my companies. The evidence log screenshot, for instance, was a template provided to us during the technical review that we were required to complete. (The claim was eventually accepted unadjusted FWIW.)

ageektrapped 11y ago

It's fine _if you're not audited_. In Ottawa. We got audited for FY 2013. It was brutal. Took the entire FY 2014 to get our claim. We got it in full because of me explaining everything several times in front of the auditor. It's hard to do because you have to put everything into those specific terms that SR&ED qualifies: experimental development, systems uncertainty, blah blah blah The man hours spent were not worth it. Nearly killed the company with the cash flow problems as OP mentioned. Applied again for FY 2014, betting on not getting audited. CEO asked around, found this runaround/hard audit was common for recent claims. We think it's one of those Harper government, we're-not-saying-there-is-cutback-but-there-is-a-cutback type things.