Why do we have feedstock adjustments?

The feedstock adjustment is intended to recover some or all of the 'incentive' component of the R&D tax incentive offset you receive for your feedstock expenditure - that is, the amount you receive above the general tax deduction that would otherwise be available.

The feedstock adjustment works by including in your assessable income one-third of the lesser of the relevant feedstock expenditure or feedstock revenue.

    Last modified: 21 Apr 2015QC 24621