• Richard Moore

CRA cancels SR&ED audits, approves claims under review!

Hundreds of thousands of federal employees were suddenly required to work from home 3 weeks ago, SR&ED auditors included. The CRA had scheduled two site visits last week, but were cancelled. Their SR&ED claims were "Accepted As Filed", which means that the CRA approved them without any changes! The CRA's Financial Reviewer called me to say that they're going to receive their SR&ED cheques very soon, which I assume means is in a few days. This doesn't mean that every SR&ED claim will be approved promptly, because each will be risk-assessed by the CRA on its own merits. My client had been claiming successfully for 15 years, so it had a good track record.

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