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
Mr. Niall Cody:
There have been changes in the legislation in the base year to improve the amount that can be repaid under the system. Since the R&D credit was introduced, there has been expansion of and changes to the scheme to make it more advantageous to companies. That is set out in the Department of Finance report. If the Deputy wishes, I can forward a note on the R&D credit figures after the meeting.