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  • Other things to be aware of

    If you are an eligible R&D entity and you want to claim the R&D tax incentive, consider the following other requirements, including that you:

    • must register your R&D activities every year
    • can notionally deduct expenditure on R&D activities
    • may need to adjust your income tax return if  
      • you have received a government recoupment (clawback adjustment)
      • your eligible activities have produced tangible products for supply to someone else, or to be applied to your own use – other than in transforming these products for supply (feedstock adjustment)
      • you are registered for GST
    • must claim your R&D tax offset by lodging a company tax return and R&D tax incentive schedule at the end of your income year
    • must keep adequate records to demonstrate to AusIndustry, Innovation Australia and to us that you carried out the eligible R&D activities and that you did incur eligible R&D expenditure on those activities
    • must consider any special transitional rules that apply for situations that extend over income years where the R&D tax concession provisions and the R&D tax incentive provisions apply.

    See also:

    More information

    For information on registration, eligibility of R&D activities and findings, contact AusIndustry

    • Visit the ‘Contact Us’ page on the website for details on how to contact AusIndustry via phone (13 28 46), email or web chat.

    For information on eligible entities and amounts you can claim, contact the ATO:

      Last modified: 28 Feb 2017QC 26121