Ireland Ep. 4 - Unlocking R&D Tax Credits: Strategies for Ireland's Underserved Sectors

09/30/24 • 26 min

Episode 4 is our final look at the R&D Corporation Tax Credit Scheme in Ireland. To conclude the mini-series, we sit down with David Buckley, Consultant Manager for Leyton Ireland, to discuss R&D Tax Credits for sectors that are often underserved by the scheme.
We cover:
- Current business landscape in Ireland & key sectors driving growth
- The demand for large-scale and innovative construction
- With all the innovation happening in sectors like construction, do you think businesses are fully aware of the opportunities available to them, such as R&D tax credits? (probe - How does Leyton help companies in these underserved areas?)"
"For companies whose projects fall outside of the idea of 'traditional r&d' and who want to claim R&D tax credits in Ireland, what are the key reasons to engage with a specialist consultancy like Leyton?"
"What are the next steps for businesses or accountants with clients who they think could claim R&D Tax Credits after listening to this episode?"
we sit down with David Buckley
Interested in Partnering with Leyton UK? Our Strategic Partnership team works closely with a wide range of partners; from clients to Accountants, Private Equity, Venture Capitalists, Financial Advisors, Non-Executives, membership organisations and trade bodies across all major sectors. Get started now -https://leyton.com/uk/interested-in-partnering/?utm_source=LEEP&utm_medium=IntroEp&utm_campaign=LEEP&utm_id=partner+content

00:00 - Introduction
00:43 - Current business landscape in Ireland
02:20 - Big Tech in Ireland
02:42 - Trends in the Market
05:10 - How SMEs are supporting multi-nationals
07:20 - Why Ireland is a great base for big tech
08:20 - Demand for Data Centres
09:35 - Innovation in the construction of Data Centres
10:40 - Innovation across construction
13:09 - Awareness of R&D Corporation Tax Credits underserved sectors
16:00 - How does Leyton support businesses carrying out non-traditional R&D work
19:25 - How to know if you might be eligible for R&D Tax Credits
21:20 - What is the next step for businesses who think they could be eligible?
22:00 - Client feedback on our partnership approach to Tax Consulting
24:30 - Conclusion

Interested in Partnering with Leyton UK? Our Strategic Partnership team works closely with a wide range of partners; from clients to Accountants, Private Equity, Venture Capitalists, Financial Advisors, Non-Executives, membership organisations and trade bodies across all major sectors. Get started now -https://leyton.com/uk/interested-in-partnering/?utm_source=LEEP&utm_medium=IntroEp&utm_campaign=LEEP&utm_id=partner+content

Previous Episode

Ireland Ep.3 - Ireland - A hub for innovation (Part 2)

In Episode 3 of our Ireland mini-series, we are delighted to welcome Darragh Gaffney, Director of Growth & Sustainability at IRDG. Darragh provides a robust overview on todays topic - How Ireland has become a hub for innovation.
We cover:
- Darragh's background and the pivotal role the IRDG have played, and continue to play in innovation within Ireland.
- Ireland’s innovation landscape
- Key drivers and enablers
- R&D Corporation Tax
- Challenges and solutions
- Future trends and prospects

Next Episode

Energy Ep. 1 - The Hidden Costs Of Energy Bills & How To Mitigate Them

In this episode of Leyton's Expert Exchange podcast, we kick off our new mini-series on Energy Tax Exemptions in the UK. We’re joined by Zach Crossland, Head of Energy for Leyton UK, to explore how businesses can uncover hidden savings and reduce their energy bills.

We discuss:

The key components that make up a typical energy bill
The impact of non-commodity costs and how businesses can mitigate them
Energy tax exemptions: who qualifies and how they reduce costs
Practical strategies businesses can use to cut energy expenses

Zach also shares how Leyton supports businesses in navigating complex energy tax exemptions, identifying cost-saving opportunities, and boosting overall efficiency. This is an essential listen for any UK business looking to manage energy costs more effectively.
00:00 - Introduction
00:41 - What are the key components that make up an energy bill & what should UK businesses consider when reviewing these costs?
02:58 - What factors have contributed to the rise in costs of energy?
07:35 - What strategies or steps can businesses take to lower the non-commodity costs of their energy bills?
13:09 - Eligibility is down to business activity. Is there an easy way for businesses to determine if it's worth speaking to a tax advisor?
16:22 - How can Leyton help UK businesses access Energy Tax Exemptions?
23:15 - Sneak peek at the rest of the mini-series & outro