The Professional’s Guide to the R&D Tax Credit, KDB and Related Reliefs, Finance Act 2024

Authors

Key Features

The Professional’s Guide to the R&D Tax Credit, KDB and Related Reliefs is the authoritative text dealing with Irish tax reliefs for R&D and innovation. This expertly-written publication offers essential and practical guidance on all aspects of the taxation of intellectual property.
New chapters cover the digital games tax credit and tax treatment of grants and other innovation incentives.
Download and read the books introduction and details on all 11 chapters.

Meet the Authors

Ken Hardy is a Partner with KPMG. He leads KPMG’s R&D Tax Credit Incentives practice and has prepared a large number of substantial R&D Tax Credit claims for multinational corporations, as well as for small and medium-sized enterprises. He also has significant experience of R&D Tax Credit audits conducted by Revenue. Ken is a founding member of KPMG’s Global R&D Tax Credits leadership team. He also leads KPMG’s Tax Depreciation practice where he provides capital allowances advice to corporate and individual clients with Irish and international property interests. He is acknowledged by Revenue, clients and key stakeholders as a thought-leader in this space. He takes an active role in the administration of the regime, engaging regularly with Revenue and Government departments. Ken is an expert in RD&I and related grants. Ken has experience working with RD&I, Environmental, Capital, Training, Employment, the Brexit Adjustment Fund.

Damien Flanagan is a Partner in KPMG’s tax practice, specialising in advising companies claiming incentives such as R&D tax credits, the Knowledge Development Box and capital allowances. He has been working full time in the area of R&D incentives since 2006. He has developed deep specialist skills in R&D tax credits and capital allowances, working with multinationals and SMEs in all sectors, guiding them through the claims process from end to end, including managing Revenue audits. Damien sits on Revenue’s R&D tax credit steering group and has met and briefed the department of finance on KPMG’s perspective in this complex area. Since the introduction of the KDB by Finance Act 2015, Damien has worked with companies to claim this new relief. He is recognised as one of the few specialists working in the area of innovation tax reliefs in Ireland. Damien also has experience with RD&I, Environmental, Capital, Training, Employment and other grants. He has overseen significant grant applications for IDA, Enterprise Ireland and other grand agencies.

Meet the Editor

Ruud van der Hoeven (Editor) based out of Switzerland is Head of Tax Europe, Middle East & North America at Johnson Electric, a company listed in Hong Kong, reporting to the global CFO, oversees key aspects of European and Global direct and indirect tax, tax compliance, audit defence, tax accounting and is in charge of various R&D claims in various jurisdictions. Previously, Ruud worked with Edwards LifeSciences (Head of Tax & Treasury Europe based in Switzerland), Integra LifeSciences (Head of European Taxes based in Ireland), Deloitte (Dublin and Amsterdam) and Arthur Andersen (Amsterdam). Ruud holds a Master’s Law Degree LL.M specialising in Corporate Law and Taxation, from the University of Utrecht and a Certificate in Banking from the Dutch Institute for Banks. Ruud is a Chartered Tax Adviser (CTA) of the Irish Taxation Institute, a Member of the Dutch Association of Tax Advisers (DATA) and an Fellow Member of the Association of Chartered and Certified Accountants (ACCA) and Member of the Tax Executive Institute (TEI) and regularly speaks or chairs at Tax events and Seminars and contributes with the inhouse (practical) perspective to relevant state, regional or global bodies and Guest lectures at the University of Lausanne on the Executive Programme of Transfer Pricing.