In an environment of ever-increasing costs for businesses and rapidly evolving developments in the tax landscape, this event will examine how to maximise the incentives available to support your R&D activities in Ireland, with a view to ensuring this is done efficiently for companies of all sizes.
Topics covered will include:
- Overview of incentives available to support R&D and innovation in Ireland
- Overview of recent legislative changes impacting the Irish R&D tax credit regime
- Practical examples of impact to cashflow
- Examine dual applications for Grants and Tax Credits
- Governance and compiling a robust claim
- Irish R&D grant funding opportunities
- How to plan for future R&D activities and what to be thinking about now.
Shannon Chamber, in conjunction with BDO Ireland, is delighted to host a briefing on R&D incentives for both indigenous and multinational companies who are looking to start, maintain, or grow their R&D activities in Ireland.
We are pleased to welcome Mark O’Sullivan (Partner and Head of R&D Incentives) in BDO Ireland along with his team who will be able to provide insights and strategies on the R&D Tax Credit and Grant incentives, while also outlining ways to minimise administrative obstacles and risk, and maximise efficiency with the end goal being to allow businesses to focus on their R&D.
Who Should Attend?
Key stakeholders from the MedTech, Life Sciences, Pharma, Technology, Energy, Financial Services and newcomers in the AI space.
Why Attend?
This event offers a unique platform for networking, knowledge sharing, and forming strategic partnerships. Attendees will gain valuable insights into not only how your business can avail of the R&D incentives on offer but how you can take all the hassle out of the application process when making a claim.
Please book online to secure your place!
Registration from 8.30am, event commences at 9.00am.
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Mark O’Sullivan
BDO
Mark is head of BDO’s dedicated Research and Development (“R&D”) Incentives practice, the largest engineer led practice of its kind in the country. Mark has significant experience working with companies in all areas of R&D incentives, having specialised in this area in both KPMG and BDO since 2011. He has been involved in the successful qualification of well over €1.4Billion worth of R&D expenditure through these incentives since joining BDO. During this time Mark has also been involved in compiling over a thousand R&D tax credit claims and qualifying thousands of projects. Services & Specialism As R&D Incentives Partner, Mark specialises in securing R&D funding for companies through government grants and tax incentives, including RD&I grants, R&D tax credits, and the Knowledge Development Box (“KDB”) regime. These incentives can offer savings of over 50% of the cost of your R&D, as well as a reduced effective tax rate as low as 10% on resultant profits. Mark has extensive Revenue audit experience and has successfully qualified and defended numerous multimillion euro R&D tax credit claims. This success is largely based on the knowledge set and methodology utilised, coupled with the due diligence placed on the review process undertaken with clients prior to inclusion of projects in a claim. Mark is a member of Engineers Ireland and has professional qualifications in Medical Physics, Mechanical Engineering, Manufacturing & Design Engineering, Computer Science, and Tax. Mark also holds a Certificate in Sustainability Strategy, Risk and Reporting from Chartered Accountants Ireland.
