Research & Development

• A 25% tax credit for qualifying Research and Development expenditure exists for companies engaged in in-house qualifying research and development undertaken within the European Economic Area.
• This credit may be set against a company's Corporation Tax liability.
• The tax credit is available on a group basis in the case of group companies
• See Revenue's publication Revenue Guidelines for Research & Development Tax Credit (PDF, 225KB) for further information.
• The Department of Enterprise, Trade and Innovation has made Regulations for the purposes of providing detailed guidance on what activities constitute R&D activities for the purposes of the tax credit.
  • Changes to Research and Development 2009 as provided in the Finance (No. 2) Act 2008

Print this page