Knowledge Development Box

Building on Ireland’s R&D incentives – maximise savings with KDB.

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    About Knowledge Development Box (KDB)

    The Knowledge Development Box is an intellectual property (IP) scheme offered by Revenue that provides Corporation Tax relief on income from qualifying patents, computer programs and some certified IP for smaller companies – as long as they were created as a result of qualifying R&D.
     
    From 1 October 2023, businesses in Ireland could potentially be entitled to a deduction equal to 20% of their qualifying profits (i.e., their qualifying profits would be effectively taxed at a rate of 10%). Up to 30 September 2023, businesses could be entitled to a 50% deduction equal to their qualifying profits (i.e., their qualifying profits would be effectively taxed at a rate of 6.25%).

    The Knowledge Development Box relief scheme has been designed by Revenue to help boost innovation in Ireland and is currently expected to cover accounting periods starting before 1 January 2027.

    Does my business qualify for Revenue’s Knowledge Development Box?

    To qualify for Revenue’s Knowledge Development Box, your business must:

    ० generate income from a qualifying asset (for example, patented inventions, computer programs, or IP for smaller companies that have been certified by the Controller of Patents as patentable but not patented);

    and

    ० have developed the asset from qualifying research and development (R&D) activities.

    Our key figures

    Our Teams Help Improve Your Business Performance

    +40000

    No. Of Global Businesses Supported

    +1.5B

    Client Savings

    16

    Countries

    Our process

    • looks_one
      Introduction

      Consultancy team introduction and key claim stakeholder identification. Basic KDB eligibility assessment and delivery timeline agreed.

    • looks_two
      IP Discovery

      Identification of qualifying assets.

    • looks_3
      Financial Discovery

      Calculation of qualifying profit.

    • looks_4
      Claim Package

      Compilation of IP and financial documentation, internal quality audit and resolution of queries.

    • looks_5
      Submission

      Final documentation sign-off, detailed submission guidance and additional submission support.

    Qualifying activity in your industry

    • Manufacturing

      Does your business look for innovative solutions to manufacturing challenges?

    • Engineering

      The engineering sector is constantly working to solve complex problems and improve existing systems.

    • Health & Pharmaceuticals

      Are you maximising your claims potential of your innovation?

    • Agriculture

      Agricultural businesses are not claiming to their full potential? Don’t let your business be one of them!

    • Construction

      Are you finding innovative solutions to construction challenges?

    • Software & IT

      A large number of software businesses are eligible for Knowledge Development Box. Is your business one of them?

    Why Leyton?

    For over 28 years, we’ve empowered companies to access government-backed innovation incentives, now extending our expertise to the Knowledge Development Box (KDB).

    Navigating KDB guidelines can be complex and time-consuming, but our team simplifies the process with clear, practical advice – no jargon. Our tax and sector experts, many with technical backgrounds, consistently identify eligible costs that others may overlook.

    We customise strategies for each client, aligning with their industry and innovation focus. With our in-depth knowledge of Revenue’s KDB criteria, you can maximise tax savings confidently and compliantly. Partner with us to fully leverage the Knowledge Development Box.

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