EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
Recent Searches
Innovation Incentives
In Tax
In an ever-changing economic landscape, investment in innovation services can help companies maximise cash savings.
What EY can do for you
EY’s innovation incentives practice offers a range of services in the areas of research incentive and capital allowances. At EY, we follow a tried and tested claims process, supported by proprietary technology and deep technical expertise to maximise available funding.
With a highly specialised multi-disciplinary team of tax professionals, engineers, scientists, industry experts and chartered quantity surveyors, EY Ireland’s innovation incentives team can deliver a breadth of services that include tailored R&D workshops and feasibility sessions, writing technical R&D projects, grant application ideation sessions, Knowledge Development Box claims, preparation of robust capital allowances claims and provision of Revenue audit support in all these areas.
How EY can Help
-
We have helped clients address the technical and financial aspects of making R&D tax credit claims since 2004, while navigating both the evolving industry landscape and changes to Revenue’s R&D guidelines.
Read more -
A range of cash grants and financial supports for undertaking Research, Development and Innovation (RD&I) in Ireland are available from both Irish governmental agencies like the IDA and Enterprise Ireland and the EU. As part of our Global RD&I Services network, we offer extensive supports to aid companies in securing such funding.
Read more -
Capital allowances are a form of tax relief that enable a taxpayer to write off the cost of qualifying assets against taxable profits over a period of time at a predetermined rate.
Read more -
The Knowledge Development Box (KDB) is a tax incentive for innovative companies. The KDB regime offers a 6.25% effective tax rate on profits arising from qualifying assets. The main categories of qualifying assets are patents (including patents pending) and copyrighted software.
Read more
Our thinking
- July 2020 Revenue R&D Guidelines: Article first appeared in Irish Tax Review, Vol. 33 No. 3 (2020) © Irish Tax Institute
- March 2019 Revenue R&D Guidelines: Article first appeared in Irish Tax Review Vol. 32 No. 2 (2019) © Irish Tax Institute
- Covid-19: Early payments of 2020 instalments of excess R&D tax credits