Tax Data

Thursday, 28 June 2018

Questions (112, 113)

Michael McGrath

Question:

112. Deputy Michael McGrath asked the Minister for Finance the estimated annual cost of removing the outsourcing restriction on the research and development tax credit; and if he will make a statement on the matter. [28619/18]

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Michael McGrath

Question:

113. Deputy Michael McGrath asked the Minister for Finance the number of companies that have availed of the research and development tax credit by companies employing fewer than ten, ten to 50, 50 to 250 and companies employing more than 250 employees, respectively; the associated annual cost for each classification of company based on the most recent data in tabular form; and if he will make a statement on the matter. [28620/18]

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Written answers

Minister for Finance

I propose to take Questions Nos. 112 and 113 together.

I am advised by Revenue that information in respect of the additional cost of the credit that would arise if the outsourcing restriction was lifted is not available as there is no reliable basis from tax returns data to allow an estimate of the cost to be produced.

I am further advised by Revenue that details of the number of companies claiming the research and development tax credit by range of number of employees, together with associated annual costs, are published on the Revenue website at: https://www.revenue.ie/en/corporate/information-about-revenue/statistics/tax-expenditures/r-and-d-tax-credits.aspx.

Information obtained from these statistics outlining the cost and the number of companies claiming the R&D Tax Credit, by number of employees, is provided in the Tables below.

Table 1: Cost in Millions of Euro

Year	2011	2012	2013	2014	2015	2016
Less than 10 (employees)	33	38	46	44	39	38
11 to 49	41	46	153	45	47	48
50 to 249	55	57	68	60	62	61
250+	133	141	154	404	560	523

Table 2: Number of Claimants

Year	2011	2012	2013	2014	2015	2016
Less than 10 (employees)	505	549	549	528	502	470
11 to 49	497	554	584	563	560	550
50 to 249	292	313	326	341	330	334
250+	115	127	117	138	143	152

Question No. 114 answered with Question No. 107.

Question No. 115 answered with Question No. 111.