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Jun 2, 2010 - CRA provides updated T661 guide

On June 2, 2010, the CRA released an updated Guide to Completing Form T661.
 

Key changes to the guide include:
 

  • Descriptions on Filing requirements have been revised to reflect new filing procedures.
  • Descriptions for Lines 204, 206, 230, 232 and 240 to 244 have been revised for clarity. Example for calculating overall cap on Prescribed Proxy Amount (PPA) has been revised.
  • Wording in Appendix 2 has been revised to account for business environment and first time claimants.
  • Definitions for Technology base or level and Technological obstacles/uncertainties in the glossary have been revised for clarity.
  • Seven new fields of science and technology codes have been added to Appendix 1. The new fields include:
  1. Reliability analysis and non-destructive testing
  2. Automotive and transportation engineering and manufacturing
  3. Tooling, machinery and equipment engineering and manufacturing.
  4. Heating, ventilation and Air conditioning engineering and manufacturing
  5. Construction materials (organic and inorganic)
  6. Oncology
  7. Other engineering and technologies
     

Click here for a link to the revised guide.

 

 
Jun 2, 2010 - CRA provides updated T661 guide
Mar 24, 2010 - Ontario Interactive Digital Media Tax Credit enhancements announced
Apr 1, 2010 - CRA Announces New Claim Review Manual for Research and Technology Advisors
Jan 1, 2010 - TSI comments on new SR&ED process
Jun 11, 2009 - CRA releases updated application policy for filing SR&ED
Nov 11, 2008 - CRA launches new T661 form for SR&ED
 
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