The Irish telecom market is one of the most open and competitive in the world. Targeted deregulation has set the industry free to create new services and set international trends. Recently, it has been characterised by fierce competition in the mobile and broadband sectors, and by an innovative broadcast sector which has pioneered new models for distributing digital content.
The explosion of data has also presented significant technological challenges to both service providers and equipment manufacturers on how to continuously evolve the operators’ networks through development and convergence of technology to handle continuously rising volumes of voice, video and data traffic on unified network infrastructures.
Faced with these challenges, which are largely consumer driven, telecom companies including mobile and landline operations, OEMs making the equipment for them as well as the manufacturers of the mobile handsets have all been increasing their R&D investment in Ireland and looking ahead to research and implement emerging trends.
Examples of Eligible R&D activities (for a list of work that is not eligible click here):
Expenditures can include wages, third party contractor cost (contractor performing R&D in EEA), materials, machinery, equipment, and overheads.
Interested in estimating your R&D credit/refund?
Check out Braithwaite’s R&D Calculator
Braithwaite Technology Consultants Ltd. can assist you in obtaining tax credits for research and development activities. Whether your work involves basic research, applied research, or experimental development, Braithwaite can take the uncertainty out of the filing process and get you the credit you deserve for your innovation.
For a detailed evaluation of the telecommunications industry, please contact the professionals at Braithwaite.
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