Revenue eBrief No. 045/19
06 March 2019
Procedure in relation to Research and Development (R&D) Tax Credit
Tax and Duty Manual Part 29-02-03, which includes the Research and Development Tax Credit guidelines, has been updated in Appendix 4 for a number of issues. The key updates are:
- inclusion of a template file layout to support an R&D tax credit claim
- examples on qualifying R&D in the BioPharma and Generic Pharma industry
- clarification of the treatment of seconded employees
- clarification on outsourced R&D.
The contents of Tax and Duty Manual Part 29-02-07 have also been incorporated into this manual.