Part E - R&D tax offset calculation



This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

The R&D tax incentive provides a targeted tax offset to encourage certain companies (R&D entities) to conduct R&D activities that benefit Australia and has the following two core components:

  • a 45% refundable tax offset for eligible entities with an aggregated turnover of less than $20 million, unless they are controlled by tax exempt entities
  • a 40% non-refundable tax offset for all other eligible entities.

Part E of these instructions will assist you in working out which offset you are entitled to and the amount of R&D tax offset you will be able to claim at item 22 of the Company tax return 2012.

Last modified: 21 Dec 2012QC 26005