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Please contact us to discuss how working with Myriad can maximise and secure R&D funding opportunities for your business.
Contact usTax Cloud, Myriad Associates’ online R&D tax relief claim portal has launched in Ireland this week to help Irish businesses benefit from the Revenue’s R&D tax credit entitlement.
Tax Cloud, Myriad Associates’ online R&D tax relief claim portal has launched in Ireland this week to help Irish businesses benefit from the Revenue’s R&D tax credit entitlement.
The platform is ideal for Irish businesses who would like to claim R&D tax credits with expert guidance thus ensuring claims are secured and maximised.
The portal works as follows:
There is no cost to sign up and use Tax Cloud however with each successful R&D claim made via the portal, companies will be charged 12.5% of their corporation tax savings. When compared to typical tax consultancy rates of 20-25%, using Tax Cloud means Irish businesses can now receive expert R&D advice at a much affordable rate ensuring they keep more of their claim value.
Because a lot of the manual manual processes involved with traditional R&D consultancy are replaced by the platform itself. Using Tax Cloud represents a huge cost saving and added benefit for any Irish business looking to make an R&D Tax Credit claim in 2019.
Simply visit www.taxcloud.ie and sign up to start your claim. Once you’ve signed up a member of the team will be in touch to discuss your R&D and guide you along the path to making your first claim.
Food and drink R&D (eligible under the R&D tax credit scheme) covers any project that aims to push the boundaries of knowledge and technology within the industry.
The government has published the Finance Bill 2023/24 covering the Merged Scheme and HMRC has recently provided more detail on the overseas restrictions and subcontracting rules and invited further consultation until 1st March 2024.
When the UK was still a member state of the EU, it was subject to European rules on state aid. Since Brexit, these rules have become more complex, navigating the murky waters of legislation across the English Channel.
Please contact us to discuss how working with Myriad can maximise and secure R&D funding opportunities for your business.
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