Change to SR&ED T661 Form Coming This Fall

CRA has added a new form to replace the existing T661 form. Use of this new form will become mandatory on January 1, 2014 for all years. The posting follows below:

SR&ED T661 Claim Form – 2013 Revision

In October 2013 the Canada Revenue Agency (CRA) will be releasing a revised Form T661, Scientific Research and Experimental Development (SR&ED) Expenditures Claim, to accommodate the legislative changes coming into effect on January 1, 2014, and to make sure the form is consistent with the consolidated SR&ED policy documents released in December 2012.

This version of the form will also consolidate former Sections B and C in Part 2 so that all claimants answer the same three questions in Section B. The order of the questions in Section B will also be changed for consistency with the Eligibility of Work for SR&ED Investment Tax Credits Policy document released in December 2012.

This revised version of Form T661 (13) (revision code 1301) will be effective as of its publication date. We encourage you to start using the new form as soon as it is available.

You can submit the T661(12) version of the form until December 31, 2013. Starting January 1, 2014, we will accept only the T661(13) version of the form for all tax years.

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