Research & Development Tax Credits

KPMG’s R&D Tax Credit practice advises a wide range of national and international clients on Ireland’s R&D tax credit regime. Our team of professionals engage regularly with the Department of Finance and the Revenue Commissioners and thus we have significant experience of the Revenue’s approach to R&D tax credit claims.

KPMG’s Tax Credit practice has the tax, financial, and scientific technical skills to assist companies—regardless of size or sector—in preparing their claims through tried and tested methodologies and processes.

The R&D Tax Credit was introduced by the Finance Bill 2004 and has been amended with each subsequent Finance Bill. The legislation provides that for every €100 of Irish expenditure (revenue or capital) identified as eligible R&D activities, your company could be entitled to €25 in tax credits in addition to the 10 or 12.5 percent corporation tax deduction at the standard rate. Thus, the total benefit could be worth €37.50 for every €100 spent.

To find out how KPMG can help you, please click on the links below:

• Irish Revenue Commissioner’s Cash Back Offer! August 2009
• So you think you don't do R&D! August 2009
• Research and Development Credits - It's about more than just Rocket Science August 2009