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Tax Credits

Dáil Éireann Debate, Thursday - 26 November 2015

Thursday, 26 November 2015

Ceisteanna (83)

Michael McGrath

Ceist:

83. Deputy Michael McGrath asked the Minister for Finance the cost and the number of companies that benefited from the research and development tax credit, in each year from 2011 to 2014, in tabular form; and if he will make a statement on the matter. [42271/15]

Amharc ar fhreagra

Freagraí scríofa

I am informed by the Revenue Commissioners that the information is as follows:

Year

Exchequer Cost

Number of companies

2011

€261m

1,409

2012

€282m

1,543

2013

€421m

1,576

Published statistics regarding the Research and Development tax credit are available on the Revenue Statistics webpage at http://www.revenue.ie/en/about/statistics/costs-tax-expenditures.pdf. 

Information for the tax year 2014 is not yet available as the tax returns for this year are still being processed but will be published in due course.

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