On 21 September 2018, Irish Revenue Issued eBrief No. 174/18 concerning an update to the guidance on the ‘clawback’ procedure to be applied, when settling a research & development (R&D) intervention in relation to a claim for relief which was not properly due.

---

Research and Development (R&D) tax credit clawback of relief

Tax and Duty Manual Part 29-02-06 deals with the administrative aspects of recovering amounts of Research and Development (R&D) tax credit claims.

It has been updated to outline when a Schedule D Case IV assessment should be entered or alternatively when an amount should be entered in the area of the Corporation Tax return that refers to credit being clawed back.