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The following assessment tools should provide you with a high level indication of:

1. Whether your company might qualify for the regime and
2. How much benefit the company might get from availing of the regime


We would note that this tool is for indicative purposes only and that in advance of any claim being made under the R&D tax credit regime, a full review of the relevant legislative provisions should be carried out. This tool is a high level calculator and will not result in a figure that is sufficiently accurate to be relied upon or included in any tax return.


Eligibility Assessment: Simply select yes or no to these questions and you will be informed as to whether you might meet the relevant regime requirements. Should you not be likely to meet any of the requirements, information will be provided below each question as to why this might be the case.




R&D Tax Credit Review


Question 1

Question 1 of 4 completed. Please move onto question 2


In order to claim an R&D tax credit a company must be trading. If the company has not yet commenced trading it may be possible to roll forward expenditure incurred on R&D and claim this when trading commences. If the rest of the answers to this assessment are yes, then it may be worth doing some early planning to ensure that the company is prepared to claim when trading commences.


Question 2

Question 2 of 4 completed. Please move onto question 3


To the extent that the company is not seeking to achieve the above then it is likely that the company will not be in a position to demonstrate that there is a scientific / technical advancement being sought as part of the project, something which is required as part of any R&D tax credit claim.


Question 3

Question 3 of 4 completed. Please move onto question 4


There is a 12 month deadline on making an R&D tax credit claim (i.e. 12 months from the end of the accounting period within which the expenditure was incurred on activities


Question 4

Question 4 of 4 completed.


In order to claim an R&D tax credit a company must be able to demonstrate that the activities were carried out in a systematic, investigative or experimental manner


You may be in a position to recoup 25% of the costs associated with these activities through the R&D tax credit regime.

Do you wish to submit your details to BDO? Click here


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Based on the answers provided you may not be in a position to avail of the R&D tax credit regime.

However, should you wish to discuss in more detail with us please click button below


CONTACT


What is the Potential Benefit: Simply provide estimated figures of your R&D expenditure and the potential benefit will be calculated for you. Detail will also be provided as to how this benefit can be utilised from a cash refund perspective, if appropriate.



R&D Tax Credit High Level Estimator









OR


Amount that could be available as a cash refund if there is no corporation tax liability


Year Amount
Amount refundable in year 1
Amount refundable in year 2
Amount refundable in year 3
Total


Given the links between the KDB and the R&D regimes, it might also be useful to evaluate the potential to avail of the KDB relief. Click here to commence your KDB assessment .


More Information: For more in-depth information in respect of the R&D regime, or our specialised services in this area, please see below:


Download the R&D tax credit in-depth brochure

Review BDO's R&D tax credit service offerings


If you would like to request more information on R&D tax credits or information on how we can assist your company, please contact us here