Research and Development (R&D) activities
How do you make a claim?
You must file a self-assessed Income Tax Return (Form 11) to claim this tax credit. Use the Revenue Online Service (ROS) to claim this credit in your Income Tax Return (Form 11).
Timeline for claiming relief
| Details |
Year of assessment |
| Accounting period in which R&D Credit awarded to company |
2022 |
| Year in which credit surrendered can be utilised by employee |
2023 |
| Year in which employee can claim credit |
2024 (from 1 January) |
You must use this tax credit against your income with that company only. You cannot use this tax credit against tax due on any other sources of income.
Clawback
This tax relief can be clawed back by Revenue if it is claimed incorrectly by either you or your employer.
Next: Carry forward of unused credit