Budget 2024 – R&D Tax Credit increased to 30%

Finance Minister Michael McGrath today announced as part of Budget 2024 that the R&D Tax Credit rate in Ireland is to increase from 25% to 30%.  In other positive news for  R&D performing companies, Minister McGrath confirmed that the first instalment payment threshold is to increase from €25,000 to €50,000. This means that the amount …

Budget 2024 – R&D Tax Credit increased to 30% Read More »