The Canada Revenue Agency has issued a paper clarifying its policy on labour expense allocations for scientific research and experimental development (SR&ED) claims. The new guidance makes the allocation approach official CRA policy, meaning that its auditors can no longer require firms to submit time sheets, a practice considered onerous and impractical. The guidelines were developed by CRA in conjunction with the Canadian Advanced Technology Alliance (CATA) , which assembled a team led by Dr Russ Roberts, CATA’s senior director for SR&ED and a senior advisor/director for Deloitte. Specialists with KPMG and Ernst & Young also participated.......