R&D Tax Credit

R&D Tax Credit

Ireland's R&D Tax Credit allows companies to claim back 25% of qualifying research and development expenditure against their tax liability. Unlike grants, this is a tax credit administered by the Revenue Commissioners, making it available to a wide range of companies that invest in innovation, without the competitive application process of most grant programmes. It can be claimed annually and applied to both staff costs and third-party R&D spend.

Who Can Apply

Irish-registered companies of any size that incur qualifying research and development expenditure. The activity must involve systematic investigation aimed at advancing scientific or technical knowledge.

25% of qualifying R&D spend can be claimed as a tax credit. There is no upper cap on the amount that can be claimed, making this particularly valuable for businesses with significant R&D investment.