Since its introduction in 2004, the R&D credit has been instrumental in attracting foreign direct investment to Ireland and stimulating growth within indigenous Irish companies.
We have a dedicated R&D team with extensive experience in working with companies across a wide range of industries, in both maximising R&D tax credit claims and embedding an R&D tax credit methodology within the client organisation to minimise risk under a Revenue audit.
The R&D credit is going through a period of continuous evolution driven primarily by changes in legislation and Revenue practice. This means that companies will constantly need to keep up-to-date with the latest developments. Some of the questions you might need to consider include:
Given the strategic importance of the R&D credit for businesses and its increasing relevance in terms of the financial results, we can work with you to maximise the potential benefits while managing the associated risks.