Irish Revenue has recently published several eBriefs on various tax matters. Some of the main eBriefs are as follows:
---
Revenue eBrief No. 99/18 - Allowances for scientific research
Tax and Duty Manual Part 29-02-01 has been updated to include limitations regarding the claiming of allowances for capital expenditure on scientific research under section 765 TCA 1997, introduced by Finance Act 2015.
The amendments restrict the ability of a company to claim allowances to circumstances wh…