What is SR & ED?
The Scientific Research and Experimental Development (SR&ED) program is a federal tax incentive program to encourage Canadian businesses of all sizes and in all sectors to conduct research and development (R&D) in Canada that will lead to new, improved, or technologically advanced products or processes. The SR&ED program is the largest single source of federal government support for industrial research and development.
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Sample Calculator
The team members of Pitre, Rafuse & Mulcahy, Inc. (PRM) work hard to maximize the SR&ED entitlement of each claimant we represent. Many criteria must be considered in determining the eligibility of a claim and each claim has its own unique combination of eligible expenditures. Having said this, we have put together a sample calculation to demonstrate the optimum tax credit that could be expected based on the assumptions shown. As each jurisdiction also has its own participation level, please choose your province for greater accuracy.
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Our Services
Pitre, Rafuse & Mulcahy, Inc. (PRM) is a full service SR&ED consulting firm. Our commitment is to work with each claimant in order to maximize the benefits of all available federal and provincial SR&ED tax credits for past projects and to optimize their potential for current and future claims. You can depend on us for honesty, integrity and discretion. We are so confident in our ability to maximize your claim that we provide our services on a contingency basis only. "WE DON'T GET PAID UNTIL YOU DO."
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Our Team
The Pitre, Rafuse & Mulcahy (PRM) consulting team is comprised of highly accredited professionals. Each member brings a unique mix of executive management and hands-on experience from many specialized fields of business and industry. Our team has expertise in product development cycle, software development, engineering, manufacturing, communications and business management, combined with an in-depth knowledge of the SR&ED program and its interpretations.
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'Failure to innovate' sinking economy: report
Despite the ever-strengthening loonie and the lowest unemployment rate in a generation, Canada is mired in a "mediocrity" that leaves it lagging behind its international competitors, the Conference Board of Canada says in a harsh new report. The Conference Board report, which graded Canada on six components (economy, innovation, environment, education, health and society) compared to 16 other major industrialized countries, was released Wednesday. The research body ranked Canada fourth from .....
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Wings to Fly
Profession > FeatureWings to FlyA generous tax incentive program provides a boost for businesses. FROM: MAY-JUN 2008 ISSUE | BY BILL PITRE, PHILIP RAFUSE, and CRAIG MULCAHY Complex in detail, daunting to deliver, and the occasional target of legal challenges, Canada’s Scientific Research and Experimental Development (SR&ED) program is nonetheless one of the most generous research and development tax incentive programs in the world. The SR&ED program encourages businesses of all sizes and .....
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Innovative Funding for Innovation
If you’re in the right kind of business, SR&ED tax incentive programs may give you access to money you didn’t know existedby Bill Pitre, Phillip Rafuse, and Craig Mulcahy... In the midst of the current economic turmoil your business may have access to money you never imagined, in the form of tax credits for research and development you are involved in or contemplating for the future. Complex in detail, Canada’s Scientific Research and Experimental Development (SR&ED) program is .....
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Under the Microscope: Canada\'s SR&ED Program
Incentive: Canadian Business. Advantage: Canada.Under the Microscope: The Scientific Research and Experimental Development Program Complex in detail, daunting to deliver and the occasional target of legal challenges, Canada’s Scientific Research and Experimental Development (SR&ED) program is nonetheless one of the most generous research and development (R&D) tax incentive programs in the world—a fountain of funding so generous that no business can ignore its promise of financial .....
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