Revenue has updated the Tax and Duty Manual regarding the appointment of experts to assist in the audit of the Research & Development (R&D) Corporation Tax Credit. The manual has been updated:
-
to reflect the start date of the new independent expert panel on 8 August 2023,
-
to reflect an increase in the fee to be paid to the independent experts to €1,000,
-
miscellaneous minor revisions to the text and updates to references.
Each year Revenue establishes a panel of experts who may be called upon to assist with reviews of claims for either the R&D Tax Credit or R&D Corporation Tax Credit.