Latest News
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
5 Reasons To Submit Your R&D Tax Credit Claim Early in 2023
Early preparation of R&D Tax Credit claims has always been considered best practice. It allows for a robust evaluation of project eligibility and the R&D expenditure to be optimised. Capturing documentation to support the