News Summary

• Minister for Finance Simon Harris spoke at US-Ireland Business Awards.
• Workday and Aerogen picked up honours at the awards in Dublin.
• Harris increased the overall R&D tax credit to 35 per cent at the most recent budget.
• But, for subcontractors the credit is capped at 15 per cent or €100,000, whichever is greatest, he said.
• The Government may loosen rules around the research and development (R&D) tax credit for subcontracters, Harris said.