How to Apply for Tax Credits

Applying for Tax Credits in Ireland

Applying for tax credits in Ireland has become an increasingly popular activity. The field of research and development is proving to be an ever-expanding area within the business realm. Applying for tax credits is something which can be a tedious and complicated process to ensure you’re utilizing every available tax credit for your research and development activities. Read on to learn how with the help of Swanson Reed, you’ll be able to have the tax credit application process handled by our qualified tax advisors who have many years of experience in the field.

Benefits of Choosing to Apply for Tax Credits

The benefits of applying for tax credits are immense. The main benefit is the ability to offset tax liability and have more flexibility from said offsets to engage in the acts of investing in an activity, personnel, or piece of equipment your company needs to best succeed within your competitive niche. There are a number of additional benefits as well which our excellent tax advisors will explain during your initial consultation.

How to Go About Applying for Tax Credits

You’ll first want to ensure your business falls under the qualifying activities for the application process when pursuing tax credits. These qualifying R&D activities consist of:

  • Involve systemic, investigative, or experimental activities
  • Reside in the field of science and/or technology
  • Involve basic research, applied research, and/or experimental development
  • Pursue scientific or technological advancement
  • Involve the resolution of scientific or technological uncertainty
  • Once you’ve established these factors, you’ll want to contact us to learn how we can help you receive the largest number of tax credits possible to help offset your tax liability and have you well on your way towards seeing the success you deserve.

    Choosing Swanson Reed for Your Tax Credit Application

    When applying for tax credits in Ireland, Swanson Reed is the right choice for you and your business when engaging in research and development activities. Feel free to contact us using the button below and we’ll be sure to respond to your inquiry as soon as possible. We look forward to hearing from you soon and are excited for you to begin the journey with tax credits in hand and innovation on the forefront of your future success.

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