Revenue have confirmed that it will not, as a rule, seek to independently/separately have a claim in respect of smaller R&D projects examined by an expert where an Enterprise Ireland RTI grant has been approved in respect of the project.

Up to this point Revenue employed experts to provide opinion as to whether an activity satisfies the scientific criteria required by statute in respect of R&D activity.

According to eBrief No 42, this new practice will only apply where:

1. The project has been the subject of an RTI grant, and
2. The R&D tax credit claimed for an accounting period (of not less than 12 months) is €50,000 or less, and
3. The project is undertaken in a prescribed field of science or technology, as defined in regulations (S.I. No. 434 of 2004).

eBrief No. 42/2007 is reproduced at Section 2.01.