Irish Revenue has issued eBrief No. 089/21 concerning updated guidance on the R&D tax credit in relation to rent expenditure, as well as assistance under the Temporary Wage Subsidy Scheme (TWSS) and the Employment Wage Subsidy Scheme (EWSS) and other COVID-19 practice.
Revenue eBrief No. 089/21 Research and Development (R&D) Tax Credit
Tax and Duty Manual Part 29-02-03 - Research and Development (R&D) Tax Credit - has been amended to update guidance on rent as expenditure on R&D activities.
The following has also been added: