Item 5 Non refundable tax offset



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

End of attention

If you answered 'Yes' to item 1 or item 2 of Part E, you can claim the non-refundable tax offset.

Write at label Z2 'Total notional R&D deductions' the amount shown at label Z of Part A, item 11.

Write at label A 'Non-refundable R&D tax offset' the amount calculated by multiplying the amount you have shown at label Z2 'Total notional R&D deductions' by 40%.

Transfer the amount at label A to the Company tax return 2012, item 22 label A Non-refundable R&D tax offset.

Last modified: 21 Dec 2012QC 26005