Oireachtas Joint and Select Committees

Thursday, 1 June 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriations Account
Chapter 13 - Revenue's Review of Medical Consultants' Tax Affairs
Chapter 14 - Research and Development Tax Credit
Chapter 16 - Deferral of Tobacco Stamp Liability

9:00 am

Photo of Bobby AylwardBobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

That is a non-event. We made sure of that.

I will follow on from Deputy Cassells regarding the research and development tax credit and how important it is to small business, particularly in light of Brexit and the many other global challenges that are coming down the line. Brexit will be severe. This credit will play a major role in our future, so I welcome it and hope that it stays.

Did the 178 research and development credit interventions in 2015 represent the total number of taxpayers with research and development tax credit claims who were subject to Revenue audit and received aspect query letters from Revenue or does the figure just relate to full Revenue audits?

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