Deloitte webcast on SR&ED changes - Nov. 18
Posted by Gary Will on November 04, 2008 at 03:30 PM
Deloitte is running a free webcast on November 18 at 11am on impending changes to the SR&ED program. This link should take you to the registration page, but I don't have a URL for the webcast content. Here's what it said in the e-mail notice:
If you file SR&ED claims or are thinking about it in the future, you need to be aware of significant changes to the program effective January 1, 2009. Please join us in person or via webcast to learn the details.
In November, CRA will be releasing a new T661 form, which will have a significant impact on the SR&ED claim process. The new form will be mandatory and will apply to all taxpayers for fiscal years ending after 2008. This important change will revolutionize the preparation of a technical report and disclosure of financial and technical information in a number of ways:
• No freeform technical reports
• Limited words allowed in each section
• Separate reporting for all projects (including non top 20 projects)
• Separate cost reporting for all projects
• Additional disclosure of the type of SR&ED performed, preparer’s names and documentation available to support the claim
• Other changes that will be discussed in detail at our webcast
