Revenue eBrief No. 089/21
28 April 2021
Research and Development (R&D) Tax Credit
Tax and Duty Manual Part 29-02-03 - Research and Development (R&D) Tax Credit - has been amended to update guidance on rent as expenditure on R&D activities.
The following has also been added:
- confirmation that EWSS and TWSS are considered assistance provided by the State
- COVID-19 practice for 2020, in relation to the use of a building in a 'specified relevant period'
- a further example of a subcontractor who would not be eligible to claim the R&D tax credit.