• Irish R&D Tax Credit
    • Irish R&D Tax Credit
    • Irish R&D Calculator
  • Irish RD&I Grant
  • UK R&D Tax Relief & RDEC
    • UK R&D Tax Relief & RDEC
    • UK R&D Calculation Examples
  • Industries We Service
    • Software & IT
    • Pharma & Medical Devices
    • Food & Beverage
    • Engineering & Manufacturing
    • Additional Industries
  • About Us
    • Our Team
    • What We Offer
    • Our Process
    • Success Stories
  • Partner With Us
  • Recent News
  • +353 1 234 2517
  • +353 86 319 4747
  • [email protected]
Free Consultation
  • Irish R&D Tax Credit
    • Irish R&D Tax Credit
    • Irish R&D Calculator
  • Irish RD&I Grant
  • UK R&D Tax Relief & RDEC
    • UK R&D Tax Relief & RDEC
    • UK R&D Calculation Examples
  • Industries We Service
    • Software & IT
    • Pharma & Medical Devices
    • Food & Beverage
    • Engineering & Manufacturing
    • Additional Industries
  • About Us
    • Our Team
    • What We Offer
    • Our Process
    • Success Stories
  • Partner With Us
  • Recent News
Twitter
Linkedin
  • +353 1 234 2517
  • +353 86 319 4747
  • [email protected]
Free Consultation
  • Irish R&D Tax Credit
    • Irish R&D Tax Credit
    • Irish R&D Calculator
  • Irish RD&I Grant
  • UK R&D Tax Relief & RDEC
    • UK R&D Tax Relief & RDEC
    • UK R&D Calculation Examples
  • Industries We Service
    • Software & IT
    • Pharma & Medical Devices
    • Food & Beverage
    • Engineering & Manufacturing
    • Additional Industries
  • About Us
    • Our Team
    • What We Offer
    • Our Process
    • Success Stories
  • Partner With Us
  • Recent News
Twitter
Linkedin

R&D Tax Credit

The R&D Tax Credit Programme was introduced in 2004 to encourage Irish-based companies to perform R&D and to promote investment in innovation.

What is the R&D Tax Credit Ireland Programme?

An opportunity to return 25% of your Research and Development expenditure in a tax credit or as a cash refund. The R&D Tax Credit Programme was introduced in 2004 to encourage Irish-based companies to perform R&D and to promote investment in innovation.

What Type of R&D Activities are Eligible?

There is a misconception that Research and Development can only take place when you have a dedicated team and/or lab facility – the idea of “men/women in white lab coats”. In reality, many of the companies that are taking advantage of the programme have qualifying R&D expenditure because a portion of their operations is dedicated to innovation. The expenditure used to enhance, improve and/or advance a product or service could be claimable – even if the project was not successful.

What Type of R&D Expenditure is Claimable?

Expenditures can include wages, third-party contractor cost (contractor performing R&D in European Economic Area (EEA)), materials, machinery, equipment, and overheads. The credit is claimed on qualifying expenditure in respect to the amount spent on R&D activities in the fiscal accounting year.

Who Can Take Advantage of the Programme?

The credit is available to Irish-based companies for R&D activities carried out in a wide variety of science and technology areas such as information technology development, engineering, medical devices, pharmaceuticals, agriculture, and food processing.

Does the Opportunity Expire?

Yes, the opportunity expires 12 months from the end of your fiscal year. So for example, if your year-end is December 31 you have until December 31, 2020, to submit a claim for your 2019 fiscal year. Braithwaite recommends not waiting to file before the deadline. Aim to file your claim with your CT1 and not as an amendment.

Get Innovation Funding Today

Engage our experts to optimise your R&D Tax Credit claim process, manage the compliance burden and reduce uncertainty
Contact Us

NAVIGATION

Irish R&D Tax Credit
Irish R&D Calculator
Irish RD&I Grant
UK R&D Tax Relief & RDEC
UK R&D Calculation Examples
Industries We Services

NAVIGATION

Our Team
What We Offer
Our Process
Success Stories
Recent News
Contact Us
Privacy & Cookie Policy

IRELAND

28-32 Upper Pembroke Street
Dublin 2, D02 EK84
Office: +353 1 234 2517
Email: [email protected]

CANADA

900-2235 Sheppard Ave E
Toronto, ON M2J 5B5
Office: 1-416-499-2861
Email: [email protected]
Fax: 1-416-499-8543
eFax: 1-437-889-0955

Twitter
Linkedin
© Braithwaite Technology Consultants Inc 2022. All rights reserved.
CACCEPT
Manage consent

Privacy Overview

We use necessary cookies to enable you to move around our website and use its features. You may disable these by changing your browser settings, but this may affect how our website functions.
We would also like to set optional analytics cookies to help us improve our website by collecting and reporting information on how you use it. However, we will not set these cookies unless you enable them by using the on/off tool below and click the save and close button. Using this tool will set a cookie on your device to remember your preferences.

For more detailed information about the cookies we use, see our Read More
You can give or withdraw your consent at any time by clicking the ‘C’ icon at the bottom left of the website.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT