Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

This is all published and we can share it. About another third have between 11 and 49 employees. An awful lot of very small or mid-sized companies are claiming this particular relief. It is important to remind ourselves what it is. The qualifying expenditure definitions are quite strict, as one would expect. It is a significant tax expenditure. The qualifying activities must satisfy all of the following conditions. They must be systematic, investigative or experimental activities, whether in the field of science, technology, involving one or more categories of research and development, including basic research, applied research, or experimental development, and they must seek to achieve scientific or technological advancement and involve the resolution of scientific or technological uncertainty. The Revenue Commissioners are engaging on an ongoing basis with industry to make sure those requirements are being fully met by all of those who are claiming the relief.