Entrepreneurship & Small Business

SR&ED claim administrative hours

  • Last Updated:
  • May 10th, 2019 3:07 pm
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[OP]
Newbie
May 8, 2019
1 posts

SR&ED claim administrative hours

Hi there!

we are a small business working in the aerospace industry and doing a lot of research work. We have successfully claimed SR&ED over the last years. However, preparing those claims and collecting all the data takes a lot of labour hours.
We were wondering if these hours spend on collecting bills, filling in the claim forms and all this related paperwork is claimable.
Anyone any ideas on this? It doesn't seem to be clearly stated in CRA documentation.

Thanks!
2 replies
Deal Expert
Aug 22, 2011
35223 posts
21205 upvotes
Center of Universe
I will double check with the Finance manager for you, as many company claims SR&ED every year.
Deal Expert
Aug 22, 2011
35223 posts
21205 upvotes
Center of Universe
XLaero wrote: Hi there!

we are a small business working in the aerospace industry and doing a lot of research work. We have successfully claimed SR&ED over the last years. However, preparing those claims and collecting all the data takes a lot of labour hours.
We were wondering if these hours spend on collecting bills, filling in the claim forms and all this related paperwork is claimable.
Anyone any ideas on this? It doesn't seem to be clearly stated in CRA documentation.

Thanks!
Yes, I was told that we can add a 55% overhead amount to salaries covering these misc costs.

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