Clawback of recoupments (government grants and reimbursements)

Explains when an adjustment applies, what clawbacks do, and where adjustments don't apply.

How to work out if this applies to you and the 3 questions you answer to see if a clawback adjustment is required.

To work out in which income year you need to make a clawback adjustment, you must identify the ‘trigger year’.

Once you have determined the timing of the clawback adjustment, you will need to calculate the amount of tax paid on it.

Special rules for clawback of R&D tax incentive offsets apply to R&D partnerships.

Understand how consolidation and a consolidated group changing may affect clawback of R&D tax incentive offsets.