{"id":927,"date":"2025-10-08T08:24:25","date_gmt":"2025-10-08T08:24:25","guid":{"rendered":"https:\/\/leyton.majjane.agency\/ie\/insights\/articles\/budget-2026-everything-you-need-to-know-about-rd-tax-credits-changes-and-other-key-updates\/"},"modified":"2026-08-18T21:54:06","modified_gmt":"2026-08-18T19:54:06","slug":"budget-2026-everything-you-need-to-know-about-rd-tax-credits-changes-and-other-key-updates","status":"publish","type":"article","link":"https:\/\/leyton.com\/ie\/insights\/articles\/budget-2026-everything-you-need-to-know-about-rd-tax-credits-changes-and-other-key-updates\/","title":{"rendered":"Budget 2026: Everything you need to know about R&D Tax Credits changes and other key updates"},"content":{"rendered":"\n\n\n\n\n

Minister for Finance Paschal Donohoe has delivered his Budget 2026 statement<\/a> to D\u00e1il \u00c9ireann. Within his speech he announced a series of measures designed to boost Ireland\u2019s \u201cresilience\u201d (a word both he and Minister Chambers used again and again), to shield the country against the economic uncertainty that has rocked much of the rest of the world in the face of global turbulence and new trade barriers.<\/p>\n\n\n\n

The speech contained a welcome announcement that the R&D Tax Credits<\/a> scheme is to be enhanced with the credit rate in Ireland rising to 35%, and the first-year payments threshold going up to \u20ac87,500. Both measures will deliver real, valuable benefits to hard working businesses across Ireland and further cement the scheme as one of the most generous and attractive in the world.<\/p>\n\n\n\n

While there is certainly more to be done to modernise R&D Tax Credits, as well as increase access and visibility (especially for SMEs), the government did promise that in the next few weeks further details would be announced on how they plan to improve the scheme. We look forward to learning more about these proposed improvements.<\/p>\n\n\n\n

You can read the full details below, where we also summarise all the key updates affecting innovative businesses in Ireland.<\/p>\n\n\n\n

R&D Tax Credits<\/h2>\n\n\n\n

Budget 2026 recognised the value of innovation, proclaiming research and development as a \u201ckey driver of economic growth and high value employment\u201d. As part of the government\u2019s strategy of remaining an attractive place for foreign and domestic investment, Minister Donohoe announced a series of measures aimed at improving the R&D Tax Credits<\/a> scheme.<\/p>\n\n\n\n

For accounting periods commencing on or after 1 January 2026:<\/p>\n\n\n\n