Written answers
Tuesday, 18 September 2012
Department of Finance
Tax Credits
Paudie Coffey (Waterford, Fine Gael)
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To ask the Minister for Finance the number of small and medium enterprises that have benefitted from the research and development tax credit; and if he will make a statement on the matter. [37997/12]
Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the total number of enterprises benefiting from the research and development tax credit for 2010, the latest year available, was 1,172. I should highlight that this is a provisional figure. Unfortunately, as the granting of a research and development tax credit is not dependent on the size of the claimant company, there is no basis on which to provide a breakdown of beneficiaries of the tax credit by reference to company size.
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