Canadian companies claiming SR&ED tax credits

Which tax year are you claiming?

Draft the T661 project descriptions for your SR&ED claim within CRA's word limits: uncertainties, work done, advancements. Free to read.

  • Free to read
  • No sign-up until the draft
  • Every fact cites its source
CANADA

ePlan fills in

  • Form version
  • Reporting deadline
  • Word limits
  • Credit rate

How it works

T661 project descriptions and claim package, from one answer

  1. Enter the tax year and describe each project in plain words.One answer starts the project. ePlan names it and looks up the place.
  2. ePlan checks the deadline and fits each answer to the T661 word limits.3 more questions, each with a "not sure yet" way out.
  3. Read the descriptions free, then download them for your accountant to file.The draft marks what to check (amber), what to pick (blue) and what to fill in (violet).

What you get

T661 project descriptions and claim package and 1 more document

The first draft is free to read. Each document after it is drafted from the same confirmed facts.

The first draft

T661 project descriptions and claim package

  1. Claimant and tax year
  2. Project list and field of science
  3. Line 242: uncertainties (350 words)
  4. Line 244: work performed (700 words)
  5. Line 246: advancements (350 words)
  6. Evidence log

Modeled on: CRA Form T661 and Guide T4088

Next · 2

Project evidence log

  1. Hypotheses and tests
  2. Results and dates
  3. Who did the work

From public data

What ePlan fills in, and from where

18 months

after year end is a corporation's last day to file its SR&ED claim (12 months after the return's due date)
Source: CRA Guide T4088

Questions

SR&ED Claim: what people ask

What is the deadline for an SR&ED claim?

File Form T661 within 12 months after the filing due date of the return for the year the spending happened. For a corporation that is 18 months after its tax year end.

Source: canada.ca

How long can the T661 answers be?

For each project, line 242 (uncertainties) allows 350 words, line 244 (work performed) 700 words and line 246 (advancements) 350 words.

Source: canada.ca

What counts as SR&ED?

Systematic investigation or search in science or technology by experiment or analysis: basic research, applied research or experimental development, plus directly supporting work. Market research, routine testing, style changes and routine data collection are excluded.

Source: laws-lois.justice.gc.ca

The rules this door follows