Driving innovation through R&D Driving innovation through R&D Driving innovation through R&D

Being up to speed on R&D tax credits has never been more important. On Wednesday, 24 February 2021 we were joined by R&D tax credit experts from our Belfast, Dublin and New York offices as well as the Belfast Digital Innovation Commissioner, Jayne Brady, for a practical session on the key developments on R&D tax credits and the implications for businesses.

During the session we focused on:

• The important role R&D has to play in Northern Ireland’s economic recovery.
• A concise update on UK R&D Tax Credits and insights on HMRC’s approach to processing claims.
• An overview of ROI R&D Tax Credits which will be of particular interest to businesses who are (or are considering) undertaking R&D in Ireland.
• Insight into the R&D incentives available in the US and developments such as the Biden administration’s ‘rescue and recovery’ focus in response to the current health and economic crises.

We have produced a number of sector-specific guides to claiming the R&D tax credit in Northern Ireland. Download these at the links below:

Interested in the opportunities presented by R&D tax credits in Northern Ireland? If you have any related queries, please contact Johnny Hanna of our Belfast office.