R&D Tax Credits have been worth an average of €550m per annum to 1500 companies in Ireland in recent years. In 2019, the Department of Finance undertook a major review of the scheme to determine if it continues to be fit for purpose. It is expected that the Review report will be published following the appointment of a new Minister of Finance. In addition, the OECD also made key announcements relating to the R&D Tax Credit in 2019, with particular points relating to SMEs.
This IRDG hosted Conference will bring together all the key stakeholders – industry, state & professional – to consider the Reviews (and more), discussing the detail and implications.
4th February 2020 – Crowne Plaza Hotel Blanchardstown, Dublin – 09:30 – 13:30
This important Conference for companies of all sizes and sectors involved in Research, Development and Innovation presents a unique opportunity to hear directly from the Department of Finance and Revenue Commissioners, alongside other key professionals. The event will feature both talks and discussion sessions, with open dialogue encouraged to represent the views of industry to the various bodies involved.
Key items on the agenda will include:
- R&D Tax Credit Review 2019 undertaken by the Department of Finance (publication expected following appointment of new Minister of Finance)
- Budget 2020 changes to R&D Tax Credits
- OECD recommendations on R&D Tax Credits contained in the SME and Entrepreneurship Policy in Ireland report published in October 2019 (OECD SME Report 2019)
- Knowledge Development Box Review in 2020 to be undertaken by the Department of Finance
|09:30||Denis Hayes, IRDG
Welcome & Overview
|09:45||Christine Kelly, IDA Ireland
Understanding R&D Tax Incentives
|10:00||Bernadette McGahon, IRDG
IRDG Member Feedback & Submission on R&D Tax Credits
|10:15||Deirdre Donaghy, Dept. of Finance
R&D Tax Credit Policy, KDB, Budget 2020 & Review 2019
|10:45||Damien Flanagan & Dr. James Dalton, KPMG
An Advisor’s Perspective
|11:15||Audience Round Table Discussion|
|11:30||Tea / Coffee & Networking Break|
|12:05||Felix O’Kane, Dept. of Business, Enterprise & Innovation
The Strategic Importance of R&D to Future National Economic Prosperity
|12:20||Ken Hardy, KPMG
OECD Recommendations on Tax Incentives
|12:35||Ken Hardy, KPMG
R&D Tax Credits Industry Case Study
|12:45||Panel Discussion and Q&A Session
with Christine Kelly IDA Ireland, Jacqueline O’Callaghan Revenue, Ken Hardy KPMG, Deirdre Donaghy Dept. of Finance, Felix O’Kane DBEI and John O’Regan Ericsson.
|13:30||Light Lunch, Networking & Close|
Who should attend?
Relevant To: General Management, R&D, Finance, Engineering and others – all functions who are involved with business innovation and financing of same.
Note: This seminar will quality for CPD hours.
The seminar will take place at the
Crowne Plaza Hotel Blanchardstown Dublin from 9.30am to 1.30pm.
Accommodation is available by contacting the Hotel on 01-8977777. IRDG doesn’t have any agreed rates.
Google Maps location is available on this link.
Members: There is no fee for employees of member companies to attend this event. Please email Mary.Byrne@irdg.ie before registration if you need to check whether or not your business is a member of IRDG.
Non-Members: A limited number of places are available at market rates for non-members. Fees paid can be used as a credit towards your first year’s corporate membership, assuming your business joins within 2 months of this event, and is a direct RD&I performer so as to be eligible for membership.