Ireland

R&D Tax Credit services: National, international & SMEs 

Since its foundation in 2004, our practice has provided R&D tax credit services to an extensive number of national, international, SME and large company clients in a wide variety of sectors.

Our dedicated SME and large company teams have helped companies of varying sizes receive their entitlement of tax benefits resulting from investments in R&D. The following are examples of claims we've prepared in each of the primary R&D sectors:

 

 

For more detailed information pertaining to our credentials, please contact the R&D incentives team.

 

 

Biotechnology, pharmaceuticals & medical devices

Company:

An Irish subsidiary of a US multinational in the pharma sector.

History:

A tax client of another Big Four adviser. After engaging with the client, we assisted them in filing a compliant R&D tax credit claim.

Benefit:

After supporting the client through a rigorous Revenue audit, they received a benefit of circa €52m.

   

Company:

An Irish subsidiary of a US multinational in the medical devices sector.

History:

An existing tax client of KPMG, we began working with the company when it commenced a product development project.

Benefit:

The client received a refund of circa €11m after a full tax technical and scientific audit, with no adjustment to the claim.

   

Company:

An Irish subsidiary of a US multinational in the pharma sector.

History:

A tax client of a Big Four firm that had not identified the potential to claim.. We reviewed the client’s eligibility and assisted them in filing a fair and audit-ready claim.

Benefit:

Following a full scientific technical, tax and finance technical Revenue audit, the client received a benefit of over €8m.

 

See our information flyer for the Biotechnology, pharmaceuticals & medical devices
sector.

 

 

Engineering, energy & natural resources

Company:

A group of four Irish companies within a large EU conglomerate, each operating in different sectors throughout Ireland.

History:

An existing tax client of KPMG, we prepared compliant claims for all relevant periods.

Benefit:

The client received a benefit of over €2m.

   

Company:

An Irish subsidiary of a multinational in the refrigeration sector.

History:

The client filed a claim with assistance from their incumbent Big Four adviser. After the client received notification of a Revenue audit, we reviewed the claim and supported them through the audit process.

Benefit:

The client received a benefit of circa €600,000.

   

Company:

An indigenous company in the plastics recycling sector.

History:

A tax client of a Big Ten firm that had not identified the potential to claim. After engaging with the client, we assisted them in filing a fair and compliant claim.

Benefit:

The client received a benefit of circa €250,000.

 

See our information flyer for the Engineering, energy & natural resources sectors.

 

 

Financial services

Company:

An Irish company in the financial services sector.

History:

An existing tax client of KPMG, we began working with the company when it undertook an internal systems development project.

Benefit:

The client received a tax credit of circa €10m.

   

Company:

An Irish subsidiary of a US multinational in the financial services sector.

History:

A tax client of a Big Four firm that had not identified the potential to claim. After engaging with the client, we assisted them in filing an audit-ready claim.

Benefit:

The client received a refund of circa €8m.

   

Company:

An Irish company in the financial services sector.

History:

A tax client of a Big Four firm that had not identified the potential to claim. After engaging with the client, we prepared a compliant claim.

Benefit:

The client received a benefit of circa €6m.

 

See our information flyer for the Financial services sector.

 

 

Food & drink

Company:

An indigenous Irish company in the meat processing industry.

History:

We successfully managed an R&D audit by Revenue with no need for a settlement.

Benefit:

After supporting the client through an extensive Revenue technical audit, the clientreceived the credit on €12m of qualifying expenditure.

   

Company:

An Irish subsidiary of a multinational in the drinks sector.

History:

An existing KPMG client. We began working with the company when it commenced a product development project, and we have since filed audit-ready claims for each relevant period.

Benefit:

The client received a benefit of circa €3m.

   

Company:

An Irish company in the bakery products sector.

History:

An existing tax client of KPMG, we filed compliant claims for all relevant periods to date.

Benefit:

To date, the client has received a benefit of circa €2m.

 

See our information flyer for the Food & drink sector.

 

 

Software & electronics

Company:

An Irish subsidiary of a US multinational in the software sector.

History:

The client has an in-house tax team that had not identified the potential to claim. Since engaging with KPMG, the client has filed audit-ready claims.

Benefit:

The client received a benefit of circa €7m.

   

Company:

An Irish subsidiary of a North American multinational in the communications software sector.

History:

A tax client of a Big Four firm that had not identified the potential to claim. After engaging with the client, we assisted them in filing a compliant claim.

Benefit:

The client received a cash refund from Revenue of circa €3.2m.

   

Company:

An Irish subsidiary of a US multinational in the software sector.

History:

An existing tax client of KPMG, we assisted the client in filing compliant and fair claims for all relevant periods to date.

Benefit:

The client received a benefit of circa €2.5m.

 

See our information flyer for the Software & electronics sector.