R&D Tax Credit Consultation

The Department of Finance has launched a review of the R&D Tax Credit scheme and the Knowledge Development Box to run until the 30th of May.

IRDG is a champion of the R&D Tax Credits, and was key in the schemes creation. Its effectiveness is reflected in business investment in R&D which has grown from €1.7 to €3.4bn per annum over the last decade.

IRDG is preparing a detailed submission. We will issue a survey to members to gather data for the submission, and will hold direct conversations with members to expand on that.  We’re also looking to bring some companies – both SMEs and MNCs – to meet with the Department around the 18th & 19th May.

Please contact Dermot Casey, CEO of IRDG if you are interested in taking part.

The details on the consultation are here

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