R&D Tax Credit Ireland
We help Irish companies identify qualifying Research and Development activities, calculate eligible expenditure and prepare R&D Tax Credit claims for Revenue.
RICHARD OSHEA CONSULTANCY
Claim the R&D Tax Credit
Developing new products, software, processes or technology can involve significant costs. However, some of this expenditure may qualify for Ireland’s R&D Tax Credit.
The credit is available to companies carrying out qualifying R&D activities in Ireland, the EEA or the UK, provided the relevant conditions are met.
We review your projects and costs, assess whether they meet the R&D criteria and help prepare a claim supported by the required records.
UNDERSTANDING R&D TAX RELIEF
What Is the R&D Tax Credit?
The R&D Tax Credit is a tax incentive designed to support companies carrying out qualifying research and development activities.
To qualify, the work must involve systematic, investigative or experimental activities in science or technology and seek scientific or technological advancement while resolving scientific or technological uncertainty.
For accounting periods commencing on or after 1 January 2024, the credit is currently 30% of qualifying expenditure. The rate is due to increase to 35% for accounting periods with a specified return date on or after 23 September 2027.
What's Included
R&D Tax Credit Support
We help you understand whether your work and expenditure may qualify and prepare your claim correctly.
CONTACT US
Is Your Business Carrying Out R&D?
WHY IT MATTERS
Why Claim the R&D Tax Credit?
The credit can provide valuable tax relief on qualifying research and development expenditure.
We help determine whether your projects meet Revenue's scientific and technological criteria.
We help prepare the calculations and supporting information needed for your claim.
A well-supported claim can make it easier to demonstrate how your activities and expenditure meet the Revenue requirements.
WHO WE HELP
Who is this service for
Whether you're developing new software, improving manufacturing processes or creating new products, our R&D Tax Credit service helps you assess your eligibility and prepare a supported claim.
YOUR PROACTIVE ACCOUNTANT
Meet Richard OShea
Richard OShea is a Chartered Accountant and Chartered Tax Adviser based in Cork, working with SMEs, construction businesses, and owner-managed companies across Ireland.
R&D Tax Credit claims require more than simply identifying research costs. The activities must meet specific Revenue criteria, and the supporting expenditure and documentation need to be carefully considered.
Richard works proactively with clients to review their projects, calculate qualifying expenditure and prepare their R&D claim.
Whether you’re making your first claim or reviewing an existing R&D process, you’ll receive practical advice and responsive support throughout the process.
CLIENT FEEDBACK
Trusted by businesses across Ireland
Real feedback from business owners we've worked with.
NEED TO KNOW
Frequently asked questions
Clear answers to common questions from business owners considering this service.
The R&D Tax Credit is a tax incentive for companies carrying out qualifying Research and Development activities.
It provides a credit based on qualifying R&D expenditure, subject to the relevant Revenue rules.
A company may qualify if it is within the charge to Irish Corporation Tax and carries out qualifying R&D activities in Ireland, the EEA or the UK, provided the expenditure does not qualify for a tax deduction in another country.
The activities must involve systematic, investigative or experimental work in science or technology.
They must also seek scientific or technological advancement and involve the resolution of scientific or technological uncertainty.
Depending on the circumstances, qualifying expenditure can include relevant employee costs, materials and other costs directly connected with qualifying R&D activities.
We can review your expenditure and help identify the costs that may qualify.
For accounting periods commencing on or after 1 January 2024, the current rate is 30% of qualifying expenditure.
The rate is due to increase to 35% for accounting periods with a specified return date on or after 23 September 2027.
If your company is making an R&D claim for the first time, or has not made a claim during the previous three years, a pre-filing notification is generally required.
The notification must be submitted at least 90 days before the claim.
Yes. You should keep records that demonstrate the nature of your R&D activities and support the qualifying expenditure included in the claim.
For this reason, good documentation should form part of your R&D process rather than something prepared only when the claim is due.
GET STARTED
Is Your R&D Work Eligible for Tax Relief?
Book a free 15-minute discovery call. If your company is developing new products, software, processes or technology, you may be able to claim valuable R&D tax relief.
