SR&ED Claim Turnaround Times from Canada Revenue Agency

Oct 23 2013
By: boastcapital
Categories: R&D Tax
No Comments

SR&ED Processing TimesIf you have filed or are in the process of filing a Scientific Research and Experimental Development (SR&ED) claim and are wondering how long it would take before you receive your tax credits, below are service standards from the Canada Revenue Agency (CRA):

SR&ED Claim Service Standards

  • Refundable claims: 120 calendar days from receipt of a complete claim
  • Non-refundable claims: 365 calendar days from receipt of a complete claim
  • Claimant-requested adjustments to refundable claims: 240 calendar days from receipt of a complete claim
  • Claimant-requested adjustments to non-refundable claims: 365 calendar days from receipt of a complete claim

In an effort to remain transparent about their process, the CRA has just released data on their Success Rates and Average Processing Times from April 1, 2013 to September 30, 2013. The data shows that the CRA was well within their standards with 96% of claims being met within these timelines.

Success Rates and Average Processing Times- April 1, 2013 to September 30, 2013

Type of Claim CRASuccess Rate Average Days withinCRA‘s control Average Days outsideCRA‘s control Total Average Time (days)*
Refundable claims 120 Days 97% 37 24 62
Refundable claimant-adjusted claims 240 Days 95% 106 62 168
Non-Refundable claims 365 Days 97% 80 68 148
Non-Refundable claimant-adjusted claims 365 Days 93% 143 107 250
All claims 96% 62 43 105

*These timelines do not include situations outside of CRA control.

** The average days within CRA’s control and the average days outside CRA’s control may not add up to the Total Average time due to rounding.

 

email

Drop a comment

Your email address will not be published. Required fields are marked *

 

  • About Us
    Boast Capital is a team of engineers and finance professionals with over 20 years experience helping companies in Canada and the U.S. successfully claim and maximize R&D tax credits.
  • Sign up for our Newsletter