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Is time tracking required for SR&ED?

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Is time tracking required for SR&ED?

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M Glazer

While first time claimants are allowed to use reasonable estimates for their SR&ED claims, the Canada Revenue Agency does require that organizations filing SR&ED claims differentiate between routine development activities and SR&ED eligible activities.

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While first time claimants are allowed to use reasonable estimates for their SR&ED claims, the Canada Revenue Agency does require that organizations filing SR&ED claims differentiate between routine development activities and SR&ED eligible activities. Mobile Capital can help your organization implement non-intrusive time tracking processes that can simultaneously maximize your SR&ED claim, and provide the necessary supporting documentation for the CRA.

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