Irish SMEs urged to examine activities for potential R&D tax credits
Mar 31st, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish SMEs have been urged to examine their activities and see if they qualify for Research and Development tax credits. Mr. Dónall Curtin of the Institute of Certified Public Accountants in Ireland and partner in Byrne Curtin Kelly said, “At a time when many companies are being impacted by reduced cashflows, it is worthwhile examining all activities to see if they qualify for grant aid or tax exemptions. In particular the definition of what can be termed R&D is broader than most business people realise and tax credits are not being claimed due to this lack of awareness”.