• ### Table 19: Eligibility for tax offset

Warning:

This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

Row

Calculation element

Amount

A

Group totals: aggregate research and development amount (B item 1 in part F)

\$

B

Group totals: entity turnover (C item 1 in part F)

\$

If A is \$1,000,000 or less and B is less than \$5,000,000, the company may choose to claim the R&D tax offset (see paragraphs 73J(1)(c) and (d) of the ITAA 1936).

If the company is ineligible to claim the offset, print X in the No box at the top of part F, and no further action is required.

If the company chooses to take the offset, print X in the Yes box at the top of part F, and calculate the amount of deductions eligible for the R&D offset in accordance with table 21, unless there is a balancing adjustment on the disposal of plant or pilot plant included at E item 8, K item 10, or P item 11 in part A. In this event, read below.

If there is a balancing adjustment on the disposal of plant or pilot plant, follow these steps before completing (g) in table 21:

Step 1 Write here the amount at L item 17 in part A of the Research and development tax concession schedule 2009.

Step 2 Write here the amounts from the following labels in part A of the research and development tax concession schedule that were included in the calculation of L in part A:

### Table 20

Row

Calculation element

Amount

(a)

N item 10

\$

(b)

O item 10 × 1.25

\$

(c)

Q item 11

\$

(d)

R item 11 × 1.25

\$

(e)

E item 8

\$

(f)

Total (a + b − c − d − e )

\$

Step 3 Subtract the amount at (f) in step 2 from the amount at step 1. Show the answer at (g) in table 21.

### Table 21: Calculation of the amount of deductions eligible for the R&D tax offset

Row

Calculation element

Amount

(g)

R&D claim:

L from part A or the amount from step 3, if applicable

\$

(h)

Australian owned R&D - extra incremental 50% deduction:

M in part D of the Research and development tax concession schedule 2009

\$

C

Amount eligible for R&D tax offset

(g + h).

\$

Transfer the amount at C in table 21 to:

Note: If you write an amount at Y R&D tax offset, if chosen item 7 on page 3 of the Company tax return 2009, the company may be taken to have chosen the R&D tax offset instead of the tax deduction. If you do not wish to choose the tax offset, do not show any amount at Y R&D tax offset, if chosen.

Calculate the amount of the R&D tax offset the company can claim as follows, using table 22:

Amount eligible for tax offset × 30%

which is the amount at Y R&D tax offset, if chosen, multiplied by 30%.