TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

R&D Clarification from Revenue

In circumstances where a company is disposed of by one group and acquired by another after the threshold period, Revenue has clarified that the threshold amount, is the amount of R&D expenditure by the actual group during the threshold period.

In eBrief No. 89/14 Revenue clarify the treatment of threshold expenditure for the purpose of claiming tax relief on qualifying R&D activity in a group of companies under the provision of section 766 TCA 1997. eBrief No. 89/14 is published on here.