Leveraging the R&D Tax Incentive for your Innovation

CLAIM

How do I claim?

• Retrospective claim (deadline within 10 months of income year end)

• Registration of R&D Projects and activities – The R&D Application Form

• R&D Expenditure – include in the Company Income Tax Return (R&D ATO schedule)

Documentation / evidence for technical and financial support – must be maintained throughout the undertaking of the R&D activities (contemporaneous documentation, including your IP documentation)

*Don’t forget R&D Tax Debt Funding considerations in your time frames.