Written answers
Thursday, 26 November 2015
Department of Finance
Tax Credits
Michael McGrath (Cork South Central, Fianna Fail)
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83. To ask the Minister for Finance the cost and the number of companies that benefited from the research and development tax credit, in each year from 2011 to 2014, in tabular form; and if he will make a statement on the matter. [42271/15]
Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the information is as follows:
Year | Exchequer Cost | Number of companies |
---|---|---|
2011 | €261m | 1,409 |
2012 | €282m | 1,543 |
2013 | €421m | 1,576 |
Published statistics regarding the Research and Development tax credit are available on the Revenue Statistics webpage at .
Information for the tax year 2014 is not yet available as the tax returns for this year are still being processed but will be published in due course.
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