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Part B: Adjustments to aggregate R&D amount of company

Last updated 1 June 2010

Item 1

Adjustments required to the company's aggregate research and development amount, for example, building expenditure, consolidated group adjustments, expenditure on foreign owned R&D


Only complete this item if the company has incurred expenditure on Australian owned R&D.

End of attention

Include at X item 1 other amounts that are not included in the second and third columns in part A relating to Australian owned R&D that are needed to calculate the company's aggregate research and development amount (as defined in subsection 73B(1) of the ITAA 1936). These amounts form part of the aggregate R&D amount even though they may not be deductible under section 73B of the ITAA 1936 or may not be related to Australian owned R&D. These include:

  • the total amount of any capital expenditure on buildings used for the purpose of carrying on research and development activities, deductible under Division 43 of the ITAA 1997
  • for companies that are lodging a return regarding income and deductions for a period before or after they joined a consolidated group, the additional aggregate research and development amount calculated in accordance with section 716-850 of the ITAA 1997

and may also include some expenditures on foreign owned R&D.

Include also at X item 1 any positive or negative adjustments that may need to be made to the aggregate research and development amount where a company has a transitional substituted accounting period in the year of income, and where the amounts reported in columns 2 and 3 of part A relate to a period that is less or more than 12 months. The aggregate research and development amount is calculated by reference to the 12 month period that is the tax offset year or year of income.