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Tom Maguire: Finance Bill’s changes to R&D could go further for start-ups

Boosting the tax credit for SMEs to 30 per cent was mooted in an earlier bill, but to do so, some EU legal hurdles would first have to be overcome

The €25,000 R&D credit was brought about for small companies and start-ups in that if the total credit available to them is less than that amount then it will be paid to them in full in the first year; no waiting around for this to be paid in instalments. Picture: Getty