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Finance Bill provides more details on Budget 2024 R&D Tax Credit measures (and some!)
Finance (No. 2) Bill 2023 (“the Bill”) was published yesterday, 19th October 2023, to implement the Budget 2024 taxation changes recently announced by Minister for Finance Michael McGrath. As expected, the Bill contains further
Budget 2024 – R&D Tax Credit increased to 30%
Finance Minister Michael McGrath today announced as part of Budget 2024 that the R&D Tax Credit rate in Ireland is to increase from 25% to 30%. In other positive news for R&D performing companies,
Revenue Publish new Operational Guidance for R&D Tax Credit Claims
Earlier today, Revenue published new operational guidance for R&D Tax Credit claims being made under the new sections introduced by Finance Act 2022 i.e. S766C, S766D, S766(4D) and S766A(4C). This is essential reading for
Revenue Update R&D Tax Credit Guidelines
The Revenue Commissioners have published updates to Part 29-02-03 of their Tax and Duty Manual (aka the R&D Tax Credit Guidelines). This is primarily to incorporate the changes to the R&D Tax Credit introduced
Specified Return now available for making R&D Tax Credit claims under new rules
The Specified Return required to make your 2022 R&D Tax Credit claim under the new rules introduced by Finance Act 2022 is now available on the Revenue Commissioners website ( www.revenue.ie ). A copy
The R&D Tax Credit – Finance Act 2022 Updates
This article originally appeared in Issue 4 of Chartered Accountants Ireland’s tax.point magazine and is reproduced here with their kind permission This month, Eoin Brennan of SciMet R&D takes us through the significant changes