Using the R&D tax credit to foster industry-academic collaboration

The enhanced R&D tax credit is among the many good reasons to encourage collaboration between business and academia, writes Olivia Long of law firm Matheson

Matheson says Ireland has enhanced its R&D credit by increasing the level of relief that can be claimed by business on R&D collaborations; it has also extended the list of institutions that can claim the relief. The photo shows science researchers at University College Dublin.

Changes have been made to Ireland's R&D tax credit following a review conducted by the Department of Finance last year. Olivia Long, head of tax policy, Matheson, looks at the benefits for business and third-level research collaborations  

Olivia Long, head of tax policy, Matheson.