Oireachtas Joint and Select Committees

Tuesday, 23 September 2025

Committee on Budgetary Oversight

Pre-Budget Engagement (Resumed)

2:00 am

Mr. Gerard Brady:

We make everyone fill out the same form. That is a major challenge. If you do not have the resources to hire accountants to do the job for you, you cannot use the R and D tax credit. I know companies which quite clearly qualify for the credit and would benefit from the funding. It would help them grow but they do not claim the credit because they would spend more claiming the credit than they would get back from the credit.