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Changes

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News
BUDGET 2024 TAX CHANGES

The Research and Development (R&D) tax credit is going up from 25pc to 30pc with the amount to be reimbursed in year one under the R&D tax credit scheme is also being doubled from €25,000 to €50,000 to provide “valuable cash flow support” to companies engaged in smaller R&D projects.

by Brenda O'Leary

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November 21, 2023
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