• How to complete the schedule

    Complete all items on the schedule that apply to your company, including yes/no items. If an item or label does not apply, leave it blank.

    Original or amended claim

    Attention

    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

    If the company has already lodged a schedule for the 2007 income year, enter X in the box at the right of Amended claim. If it hasn't, enter X in the box at the right of Original claim.

    Company name

    Enter the name of the company. The name entered on the schedule must be the same as that shown on the company's tax return.

    Tax file number (TFN)

    Enter the TFN of the company.

    AusIndustry/IRDB registration number

    Enter the AusIndustry/IRDB registration number issued to the company for this income year for registered activities.

    If your company is the head entity of a consolidated group and it is not registered with AusIndustry for the current year, enter the registration number of any one company in the consolidated group that has been registered.

    Signature as prescribed in tax return

    The person who is required to sign and who signs the company tax return must also sign the R&D schedule.

    Australian business number (ABN)

    Enter the company's ABN.

    Preliminary calculation - D

    On the R&D schedule at Preliminary calculationD enter the write-back of R&D accounting expenditure for the amounts you have included at the appropriate expenditure labels at item 6 Calculation of total profit or loss on the Company tax return 2007.

    The amount entered at D on the R&D schedule must be the same as the amount entered at D item 7 Accounting expenditure in item 6 subject to R&D tax concession on the company tax return.

    If you have not included expense amounts for R&D deductions at item 6Calculation of total profit or loss on the company tax return - if, for example, those amounts are capitalised - enter zero (0) at Preliminary calculation D on the R&D Schedule and D item 7 Accounting expenditure in item 6 subject to R&D tax concession on the company tax return..

    For consolidated groups

    If aggregated expenditure has been used for accounting R&D expenditure under item 6 on the company tax return, add back the full amount of this aggregated expenditure at D item 7Accounting expenditure in item 6 subject to R&D tax concession on the company tax return.

    Last modified: 24 Jun 2008QC 18884