• Completing the Research and development tax concession schedule

    Filling in the top of page 1

    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

    Original or amended claim

    If the company has already lodged a research and development tax concession schedule for the 2010-11 year of income, print X in the box at the right of Amended claim. If it hasn't, print X in the box at the right of Original.

    Company name

    Print the name of the company. The name shown on the research and development tax concession schedule must be the same as that shown on the company's tax return.

    Tax file number (TFN)

    Write the TFN of the company.

    AusIndustry - Innovation Australia number

    Write the AusIndustry - Innovation Australia registration number issued to the company for registered activities for this income year.

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

    Australian business number (ABN)

    Write the company's ABN.

    Preliminary calculation - Add-back of research and development (R&D) accounting expenditure

    At DPreliminary calculation write the add-back of R&D accounting expenditure for the amounts that you have written at the expenditure labels at item 6 Calculation of total profit or loss on the Company tax return 2011 which relate to amounts that are subject to the R&D tax concession (Australian owned or foreign owned R&D).

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

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

    Last modified: 01 Jun 2011QC 24211