What's new – Changes to T4088

The T4088, Guide to Form T661 has been revised to respond to feedback received from internal and external stakeholders since the release of T4088 (08) version and to reflect changes to Form T661.

• Descriptions on Filing requirements have been revised to reflect new filing procedures.
• Descriptions for Lines 204, 206, 230, 232 and 240 to 244 have been revised for clarity.
• Example for calculating overall cap on Prescribed Proxy Amount (PPA) has been revised.
• Seven new fields of science and technology codes have been added to Appendix 1.
• Wording in Appendix 2 has been revised to account for business environment and first time claimants.
• Definitions for Technology base or level and Technological obstacles/uncertainties in the glossary have been revised for clarity.