Department of Finance

The Department of Finance's mission is to lead in the achievement of the government’s economic, fiscal and financial policy goals, having regard to the goals set out in the Programme for Government.

Who we are?

The Department is one of the central Departments and works on existing policy challenges, which include ensuring the pursuit of an overall sound macroeconomic and fiscal policy stance, managing the State’s banking shareholdings as well as shaping future banking and financial services policy in a manner that best suits a modern vibrant economy that supports innovation and sustainability.

Who we service?

The Department is one of the central Departments and works across Government departments, agencies and industry to advise, design and implement Government policies to support economic advancement and to ensure fiscal sustainability.

What we do?

The Department works with a number of bodies under its aegis, including the Strategic Banking Corporation of Ireland and the Credit Review Office to help the SME sector in Ireland access funding. The Department also works with other Government Departments and agencies to provide more broad support the SME sector.

At a glance

Focus

Government’s economic, fiscal and financial policy goals

Sectors

N/A

Network

N/A

URL Copied

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Supports from Department of Finance

Research and Development (R&D) Corporation Tax Credit

Tax credit for expenditure on research and development (R&D) activities

The R&D Tax Credit can help your business pursue research and development projects and contribute to innovation and productivity.

Grants & Funding

You may be eligible if:

the company carries out qualifying R&D activities in Ireland, the European Economic Area (EEA) or the United Kingdom, and
is within the charge of Corporation Tax in Ireland. A company may qualify for the R&D Corporation Tax Credit if its R&D activities meet the following criteria:
involve systematic, investigative or experimental activities
are in the field of science or technology;
involve one, or more, of these categories of R&D: basic research, applied research, or experimental development;
seek to achieve a scientific or technological advancement; and
involve the resolution of scientific or technological uncertainty.

https://www.revenue.ie/en/companies-and-charities/reliefs-and-exemptions/research-and-development-rd-tax-credit/index.aspx

Credit Review

Get help to secure credit

This support provides a simple, effective credit review and appeals process for business owners who have been refused credit from participating banks.

Loans

You may be eligible if:

You are a micro, small or medium sized business or farm
Your application is with AIB/BOI or PTSB
Your credit facility, or loan restructure request, has been refused, reduced or withdrawn within the past 28 days
Your application is for credit facilities between €1,000 and €3 million

Eligibility is subject to terms and conditions.

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