Give innovative firms their due tax credit
Innovative start-ups that fail to claim R&D tax credits are missing out on valuable cash payouts
The recession has hit start-ups and early-stage ventures hard, and we have seen many casualties as a result of lack of finance and poor use of limited resources.
In particular, newer ventures have been slow to avail of valuable tax credits for research and development (R* D).
The R* D tax credit was introduced in 2004 and is an important incentive in making Ireland an attractive location to research and develop products and ...