Plan your claims under Revenue’s new R&D tax credit guidelines

Last week the Revenue published its new tax credit guidelines for research and development (R&D).

17th January, 2015
Plan your claims under Revenue’s new R&D tax credit guidelines

More than 1,500 companies use the R&D Tax Credit each year to cut tax bills and generate cash refunds. SMEs are well-represented, accounting for about 90 per cent of the number of claims made.

These companies come from a broad range of sectors, including software development, food and drink and the life sciences.

The R&D Tax Credit is calculated at 25 per cent of the eligible expenditure on R&D. It is used in the first...

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