Budget 2020: Incentivising innovation in Ireland

The R&D tax credit is a key policy tool and this year’s improvements are welcome

Damien Flanagan - avatar

Damien Flanagan

13th October, 2019

With the challenges brought about by Brexit, the role of innovation within Irish businesses is more important than it has ever been. It is widely accepted that innovation is a key driver of productivity and is the cornerstone of maintaining competitiveness within industry, which is crucial with the external challenges faced by Irish businesses.

The research and development (R&D) tax credit was introduced in 2004 and is a key policy tool used to increase R&D...

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