![]() ![]() ![]() For all EU/H2020 funding proposals, we strongly recommend that you contact the Research Office before starting the budget. Projects should be fully costed with a view to the recovery of all costs relevant to the project. We will work with you to develop and revise your proposal. PLEASE CONTACT RESEARCH SUPPORT SERVICES AT LEAST 5 WORKING DAYS BEFORE THE SUBMISSION DEADLINE FOR YOUR PROPOSAL. When preparing the budget for your proposal, the first point of contact is the Research Office - please go to the ‘ Contact us’ page to identify the Research Support Administrator who liaises with your Funding Agency. If you have any questions regarding the policy or its application, please do not hesitate to get in contact with the relevant Research Support Administrator for your sponsor. The new overhead rates policy is available Overhead Rates Policy. The process to follow if seeking a derogation from the applicable rate of overhead.The approved list of funding sponsors with overhead rates not compliant with the overhead rates policy. The correct application of the overhead rate.The correct overhead rate to be included in your project budget.The overhead rates policy provides information on: When preparing/finalising the budget for your research funding proposal, please go to the Contact Us page of this website to identify the Research Support Administrator who liaises with your funding sponsor. The policy was approved by UMTO in December 2012 and by the University Finance Commitee in February 2013. The policy also recognizes that different types of funding sponsor - public agency, SME, multi-national company - have different capacities to absorb overhead charges.The policy recognizes the cost variances associated with laboratory-based research versus desk-based and library research.To reduce requests for derogation from the correct overhead rate (and subsequent delays), a listing has been generated of approved non-enterprise funding sponsors with overhead rates that are not compliant with policy.The process for seeking support in the identification and approval of the correct overhead rate for a project has been clarified.Furthermore, a corresponding suite of template contracts is being developed for each licensing option and corresponding overhead rate - this development will significant reduce contract negotiation timelines. As the terms become more generous, a higher rate of overhead becomes applicable. A flexible and transparent suite of licensing options is available to funding sponsors.UCC's overhead rates policy confers the following advantages: Overheads (indirect costs) at the correct rate should always be included in your research funding proposal budget. No VAT is added to the budget total.įor guidance on VAT issues, please contact UCC Research Services. equipment, consumables) should be included inclusive of VAT. ![]() Non-vatable Projects: When preparing the budget for non-vatable projects, directs costs (eg. At the post-award stage, when charging these costs to the project, the VAT element of the invoice is charged to a general VAT account, not the project account. overseas sponsor that is VAT-registered): Consumable and equipment costs should be included in the budget net of VAT. If the sponsor does not have a VAT number, then the budget needs to include VAT. has a VAT number) and the project is vatable, then VAT is charged at 0%. However, if the overseas sponsor is VAT-registered (ie. VAT is then added to the budget at 23% of the direct and indirect costs total.įor a sponsor located outside of Ireland, the same considerations apply when determining whether a project is vatable. When preparing the budget for vatable research project, directs costs (equipment/consumables) should be included net of VAT. If the sponsor owns the IP or has control over the results, then the project is usually deemed vatable (currently 23%). Vatable Projects: One of the key criteria that determine if a research project is vatable is ownership of the intellectual property (IP)/research outputs generated by the project. Centre for Continuing Professional Development.Sustainable Development Goals in UCC Research. ![]()
0 Comments
Leave a Reply. |