With the recent publication of the Finance Bill 2019 on October 17th, 2019, Braithwaite has uncovered an update that effects Micro and Small Companies. As originally reported by many publications as well as Braithwaite, it was stated that companies with 250 employees would qualify for the R&D increase from 25% to 30%. However, that is…
Earlier this week, we welcomed the announcement of the increase of the R&D Tax Credit rate from 25% to 30% for micro and small companies as part of the budget for 2020. In addition to that, the Department of Finance has allocated €1 billion to the Department of Business, Enterprise and Innovation. The Minister of…
Investing in your future through the R&D Tax Credit programme Research and development is critical to the success of the Irish economy, its jobs and its place in the world. Ireland offers a range of different incentives for companies carrying out research and development (R&D). However, not all are aware of the benefits of this…
R&D in Engineering and manufacturing may be present in the digital design and computer modelling, work to the building and testing prototypes and ongoing analysis, further testing and developing. Examples of Eligible R&D activities and questions to consider: Have you developed a new or changed product or process that has characteristics substantially different from those currently available (i.e.…
Research and development is the number one focus in the healthcare industry. Healthcare services, products, and treatments require continuous innovation to treat new diseases and illnesses. The delivery of healthcare treatments are constantly further improving in order to detect, diagnose, monitor and treat new illnesses and diseases. As a result, the world of healthcare is changing rapidly due…