First things first, there is no need to be worried about receiving a FTCAS notice after your SR&ED claim has been submitted.
Introduced at the beginning of 2014, FTCAS reviews are a complimentary service that the CRA is providing for first-time SR&ED claimants. They are meant to be educational and conversational so that every new claimant has a better understanding of what the CRA looks for in a SR&ED claim. More specifically, the CRA states that a SR&ED reviewer will come to your office and provide advice on:
Before we go any further, we should remind you that FTCAS meetings are not to be confused with CRA Reviews. CRA Reviews are much more elaborate as they determine whether to approve or deny the details of your SR&ED claim. There are three different types of reviews: desktop; financial only; and financial and technical.
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