ABGI UK, the innovation funding arm of Visiaitv, has announced the recent acquisition of Braithwaite Technology Consultants, the Republic of Ireland based R&D Tax Credit specialists. The deal represents a significant (seven figure) investment into the Irish market, with a […]
The most taxing segment of the R&D Tax Credit scheme for SMEs and Start-Ups has always been the prolonged cash refund structure. After conducting a Public Consultation on this initiative, the Department of Finance in Budget 2023 has announced a welcomed […]
R&D Tax Credit claims are complex and require an in-depth knowledge of the R&D tax system and the expertise to identify and support projects that meet Revenue guidelines. With the emergence of digital platforms to collate and process claims, we […]
On Tuesday, October 12th, The Minister of Finance Paschal Donohoe, and the Minister of Public Expenditure Michael McGrath unveiled the 2022 budget. The budget including many talking points focusing on COVID relief as well as any financial assistance to the […]
There are many factors that contribute to the growth and prosperity of Ireland through Research and Development (R&D). As mentioned in the August 12th, 2021, article by Mimi Murray of The Irish Times, “the medtech, pharma, and technology industries are […]
The Corporation Tax Return form (CT1) submission deadline is 8 months and 23 days from a companies’ closing year end. For example, if a company has a December 2020 fiscal year end, it is ideal to submit the R&D Tax […]
The proactive approach to claiming R&D Tax Credits Braithwaite recommends preparing the technical and financial costing information before an R&D claim is submitted to Revenue. When a claim is submitted, it is Revenue’s process to review the claim internally, which […]
Recently announced on Wednesday, April 28th, 2021, Irish Revenue made some changes to the R&D Tax Credit Programme. These changes will affect each and every claim submitted to Irish Revenue. Some are related to COVID relief whereas others are directly […]
Irish & UK R&D Tax Credit Claims Braithwaite has over 20 years of experience in claiming both R&D Tax credit and relief claims for our clients in the UK and Ireland, with vast knowledge and expertise in dealing with the […]
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 […]
