This is welcomed news from Revenue and a move that could free up thousands of euro in much needed cash for Irish businesses. Section 766 and Section 766A of the Taxes Consolidation Act 1997 provides that an excess R&D tax credit, as […]
It is important to understand the necessity of a well written Technical Report for companies submitting R&D Tax Credit claims. A solid report will back up your claim and in most cases is a deciding factor whether the claim is […]
Like many countries, Irish SME’s are less active in international trade compared to larger enterprises. The UK has traditionally served as the first and only export/import market for smaller companies which has left many exposed to the challenges Brexit faces. […]
The Irish Government allocated an estimated €869.2m to research and development activities in 2020. This welcome news reflects the government’s commitment to make Ireland a “global innovation leader”. Commenting on this news, Tánaiste and Minister for Enterprise, Trade and Employment […]
We are here to help. Braithwaite Ireland is pleased to assist and support all companies across Ireland with their R&D Tax Credit through COVID-19. We understand these are challenging times and unlocking cashflow will be a priority for companies. Why […]
A legitimate question a business owner may ask themselves is ‘’Does my company require external advisors to assist in filing the R&D Tax Credit Claim?’’ The answer is most likely yes however, companies nearly always tend to rely on external […]
Braithwaite Ireland is offering businesses involved in helping to combat the COVID-19 crisis, A free in-depth R&D Tax Credit Advice session. Braithwaite wishes to ensure you are securing maximum tax relief and fast recovery to improve cash flow during and […]
The Research and Development (R&D) tax credit, is open to all companies undertaking R&D and Innovation activities in Ireland or EEA. Qualifying R&D expenditure will generate 25% tax credit for offset against your Corporation Taxes. This is in addition to […]
The publication of the Finance Bill 2019 on October 17th 2019 has uncovered an update that effects Micro and Small Companies. It is stated that companies with 250 employees would qualify for the R&D increase from 25% to 30%. Please […]
Earlier this week, the Department of Finance has allocated €1 billion to the Department of Business, Enterprise and Innovation. The Minister of Finance also introduced a new provision to allow micro and small companies to claim the R&D tax credit […]
