The Revenue Commissioners recently announced the establishment of a new R&D Tax Credits Advisory / Discussion Forum which will review the administrative aspects of the R&D Tax Credits scheme. IRDG has been invited to participate in this Forum as a key representative body in this area. Revenue has committed to producing some sector-specific guidance starting with the Food / Beverage sector with strong input from the Advisory / Discussion Forum.
In order that we can best represent the views and experience of our Food / Beverage members within this new Advisory Forum we are inviting these members to an internal IRDG Working Group. This is a really unique opportunity for R,D&I performing companies in the Food & Beverage sector to exercise their voice when it comes to R&D Tax Credits, and we would really encourage your company to be involved with us.
The Terms of Reference of Revenue’s Advisory Forum are as follows:
• To bring greater certainty to the administration of the R&D tax credit and the KDB
• To provide a two-way forum for Revenue, taxpayers and representative organisations to raise and address issues affecting the administration of the R&D tax credit and the KDB
• To ensure progress is communicated by all members of the Discussion Group through the various channels available to them.
Invitation to Participate
If your company is not already a member of IRDG, perhaps now is the time to consider becoming part of this unique and active network? Any Food or Beverage company who would like to join our membership so as to participate in this forum are more than welcome to get in touch. Please contact Denis Hayes – firstname.lastname@example.org for more details.