ato logo
Search Suggestion:

R&D tax transparency reports

Contact information for the research and development (R&D) tax incentive.

Published 24 January 2024

About the transparency reports

We're required by law to publish certain information on Research and Development (R&D) tax incentive claims reported to us by R&D entities. Publishing this information will provide transparency on the benefits derived by companies from the R&D tax incentive and encourage voluntary compliance with the R&D program.

Each year, we'll publish:

  • the required information on data.gov.auExternal Link
  • our contextual analysis – the R&D tax transparency report – on our website.

R&D information we'll publish

The information we'll publish is the:

  • name of the R&D entity claiming the R&D tax incentive
  • entity's Australian business number (ABN) or Australian company number (ACN)
  • entity’s total expenditure on R&D (known as total notional deductions claimed – label Z in Part A of the R&D tax incentive schedule) less any feedstock adjustments (label B in Part B of the R&D tax incentive schedule).

We’ll base this on:

  • what the R&D entity provided in the R&D entity's company tax return
  • if the R&D entity amended their company tax return, their amended return.

Commissioner-initiated amendments won't be published. If the Commissioner amended the labels, we're required to publish the total expenditure on R&D based on the company return lodged before the Commissioner-initiated amendment.

Due to tax law confidentiality provisions in the Taxation Administration Act 1953, we can't give information beyond what will be published in the report of R&D expenditure information.

When we'll publish the report

We're required to publish the R&D information 2 years after the end of the financial year. The first publication will be as soon as practicable after 1 July 2024 for the income year ending 30 June 2022. We expect to first publish this information in September 2024 and then on an annual basis.

The first report will apply to companies that lodged a company tax return with an R&D tax offset and their income year began on or after 1 July 2021.

Making amendments

If you've reviewed your R&D claims and believe that there's an error in the information that we'll publish, you're able to correct any errors by lodging an amendment to us in writing. If you submit an amendment to correct the information, we'll endeavour to process the amendment before data extraction.

You have until 31 March 2024 to correct any errors by submitting an amendment request in writing.

Common errors

We need time to process amendments ahead of the proposed publishing date in September 2024, so make sure you correctly complete the R&D schedule. You can help to avoid delays in processing by carefully checking that:

  • the AusIndustry IISA number is correct and for the income year of the return
  • label D preliminary calculation on the R&D Schedule matches item 7 label D on the company tax return
  • Part D reporting entity annual turnover has been correctly calculated and placed under the right label on the return
  • Part E label R tax rate is correct.

We've also clarified R&D program integrity rules about incorrect research and development claims that R&D claimants should review.

QC73799