Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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226. To ask the Minister for Finance the estimated amount that could be raised from eliminating the refundable nature of the unused element of the research and development tax credit for corporations; and if he will make a statement on the matter. [33418/21]

Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that is not possible to accurately predict the yield from ending the payable element of the Research and Development (R&D) tax credit, as information in respect of the future payments of the credit, which is dependent on both the future profitability of claimant companies as well as their level of qualifying R&D activity, cannot be known in advance.

However, I am advised by Revenue that information in respect of the R&D tax credit is available at: . This includes the cost of payable tax credits for recent years. The most recent year for which returns information is available presently is 2019.