Group Member name - Currency code Group Member name - Type code Group Member name Complete the relevant field with the AusIndustry/Industry and Research Development Board registration number issued to the company for the current income year for registered activities. If the company is the head entity of a consolidated group and it is not registered with AusIndustry for the current year, complete the relevant field with the registration number of any one company in the consolidated group that has been registered. The registration number commences with "R", followed by the income year and then four digits (for example R200x****). AusIndustry Innovation Australia number Do you have an aggregated turnover of $20 million or greater? Do you have exempt entity ownership of 50% or greater? R&D recoupment tax - 10% tax payable Complete the relevant field with the amount of each entity’s aggregate Research and Development (R&D) expenditure, and the R&D group turnover respectively against the entity’s tax file number. If certain expenditure on R&D activities cannot be deducted under the R&D tax concession (for example, capital works deductions for buildings used for the purpose of carrying out R&D activities) that expenditure will still form a part of the aggregate R&D amount. If the relevant amounts are used from part A to determine the aggregate R&D amount of the company, the above will need to be taken into account and any necessary adjustments made. Such adjustments relating to the aggregate R&D amount should be included at amount in part B of the R&D schedule. These adjustments must also be incorporated in the calculation of the aggregate R&D amount of the company and R&D group members in the R&D schedule. Adjustments to the R&D group turnover should also be taken into account to calculate the R&D group turnover recorded at that item. If the group aggregate amount is $1,000,000 or less and the group turnover amount is less than $5,000,000, the company may choose to claim the R&D tax offset. Reporting party - Annual turnover Group Member - Annual turnover Non refundable R&D tax offset The amount entered as 'Total notional deductions' if the notional amount is greater than the prescribed limit. Total notional R&D deductions - Non Refundable Total notional R&D deductions - Refundable Refundable R&D tax offset Complete with the aggregated turnover of R&D tax offset amount. Aggregated turnover If the company has already lodged a Research and Development (R&D) schedule for the relevant income year, this is an Amended claim. If the company has not lodged an R&D schedule for the relevant income year, it is an Original claim. Valid values are: TRUE = report contains amended data FALSE = report contains original data Original or amended schedule indicator Exclusions from aggregated turnover Complete the relevant field with the total amount of government recoupments of, or grants received in respect of, Research and Development (R&D) expenditure for which the company is claiming the R&D tax concession in the year of income. Exclude amounts received under Co-operative Research Centre (CRC) programs. NOTE: The clawback provisions may operate on these amounts. Recoupments (entitled to/received) Complete the relevant field with any amount of the Research and Development (R&D) salary expenditure claimable, including: salaries, wages, allowances, bonuses, overtime payments, penalty rate payments, annual leave, sick leave and long service leave, and on-costs such as contributions to a superannuation fund, premiums for workers’ compensation insurance and payroll tax. The expenditure may need to be apportioned between R&D and non-R&D activities. This item does not include: salary expenditure incurred in the construction of R&D plant, depreciating assets, structural improvements or buildings; salary expenditure of R&D support staff not directly connected with the research activity – include those at Other R&D expenditure that is to be adjusted in accordance with the prepayment provisions. Salary expenditure - Australian owned R&D Salary expenditure - Foreign owned R&D The sum of Total of Allocated Notional Deductions (Australian owned R&D) + Total of Allocated Notional Deductions (Foreign owned R&D). Total notional R&D deductions The sum of all allocated Australian owned notional deductions is to be entered as 'Total of allocated notional deductions - Australian owned R&D'. Total of allocated notional deductions - Australian owned R&D The sum of all allocated foreign owned notional deductions is to be entered as 'Total of allocated notional deductions - Foreign owned R&D'. Total of allocated notional deductions - Foreign owned R&D R&D expenditure incurred to associates to be carried forward Current year R&D expenditure incurred to associates claimed under other provisions Associate expenditure paid - Australian owned R&D Associate expenditure paid - Foreign owned R&D R&D expenditure paid to associates in the current year Current year R&D expenditure incurred to associates If the company is entitled to deduct an amount following a balancing adjustment event (such as disposal), complete the relevant field with the amount of any part of the balancing adjustment that the company is entitled to. Balancing adjustment losses - Australian owned R&D Balancing adjustment losses - Foreign owned R&D Cooperative Research Centre (CRC) contributions - Australian owned R&D Cooperative Research Centre (CRC) contributions - Foreign owned R&D Complete the relevant field with the notional amount. Deductions for depreciating assets including certain capital works, used in carrying on Research and Development (R&D) activities must have begun to be constructed, or have been acquired under contracts entered into, after midday Australian Eastern Standard Time on 29 January 2001. The amount allowable is determined through a notional application of the provisions of the ITAA 1997, subject to certain assumptions. Calculation of research and development deduction asset applied to non-R&D purposes as well as R&D use in a year, the R&D portion of the decline in value can be claimed. If an STS taxpayer, or a taxpayer who could otherwise allocate an asset to a low-value pool, uses that asset for R&D activities as its first use, the taxpayer must claim deductions for it under these provisions, not the STS or low-value pool provisions. If the asset is used for non-R&D purposes for part of the year or in a subsequent year, deductions for that part of the year or the subsequent year will be considered. If an asset was not used for R&D in an earlier income year and the company was entitled to a deduction for the asset(s) under a low-value pool or a Simplified Tax Systems (STS) pool in that year, continue to calculate deductions under the relevant pooling provisions, even if the asset is subsequently used for R&D. Decline in value of assets - Australian owned R&D Complete the relevant field with the notional amount as determined at the base amount. Deductions for depreciating assets including certain capital works, used in carrying on Research and Development (R&D) activities must have begun to be constructed, or have been acquired under contracts entered into, after midday Australian Eastern Standard Time on 29 January 2001. The amount allowable is determined through a notional application of the provisions of the ITAA 1997, subject to certain assumptions. Calculation of research and development deduction asset applied to non-R&D purposes as well as R&D use in a year, the R&D portion of the decline in value can be claimed. If an STS taxpayer, or a taxpayer who could otherwise allocate an asset to a low-value pool, uses that asset for R&D activities as its first use, the taxpayer must claim deductions for it under these provisions, not the STS or low-value pool provisions. If the asset is used for non-R&D purposes for part of the year or in a subsequent year, deductions for that part of the year or the subsequent year will be considered. If an asset was not used for R&D in an earlier income year and the company was entitled to a deduction for the asset(s) under a low-value pool or a Simplified Tax Systems (STS) pool in that year, continue to calculate deductions under the relevant pooling provisions, even if the asset is subsequently used for R&D. Decline in value of assets - Foreign owned R&D Complete the relevant field with the amount of eligible feedstock expenditure. It is the excess of the feedstock input over the feedstock output for the related activities, in the year of income. The eligible feedstock expenditure will attract the additional 25% concession component. If the company has eligible feedstock expenditure, include this amount. Feedstock input expenditure - Australian owned R&D Complete the relevant field with the amount of eligible feedstock expenditure claimable at Foreign owned R&D. It is the excess of the feedstock input over the feedstock output for the related activities, in the year of income. The eligible feedstock expenditure will attract the additional 25% concession component. If the company has eligible feedstock expenditure, include this amount. Feedstock input expenditure - Foreign owned R&D Expenditure on feedstock inputs attributable to feedstock output Project expenditure for which recoupments paid Complete the relevant field with other Research and Development (R&D) expenditure incurred directly in respect of R&D activities carried on by or on behalf of the company. Do not include amounts to be shown at Contract other or Plant leasing. Taxation Ruling states that overhead and administrative expenditure is directly in respect of R&D where the eligible R&D activities contributed to all or an identifiable part of the expenditure being incurred, or the conduct of eligible R&D activities by the company would be materially impaired if the expenditure was not incurred. Adjust the amount of other R&D expenditure claimed in accordance with the prepayment provisions `Other R&D expenditure' does NOT include: core technology expenditure; interest expenditure; feedstock expenditure (show eligible feedstock expenditure and residual feedstock expenditure at separate items); expenditure incurred acquiring or constructing plant, pilot plant or a building, or extending, altering or making improvements to a building expenditure incurred acquiring or constructing a depreciating asset. Other expenditure - Australian owned R&D Other expenditure - Foreign owned R&D R&D expenditure related to recoupments On the Research and Development (R&D) Tax Incentive Schedule at Preliminary Calculation inform the write-back of R&D accounting expenditure for the amounts included at the appropriate expenditure labels at Information statement- Calculation of total profit or loss on the Company tax return field. The amount shown at Preliminary Calculation on the R&D Schedule must be the same as the amount shown at Information statement- Reconciliation to taxable income or loss- Accounting expenditure in item 6 subject to R&D tax concession on the company tax return. If expense amounts for R&D deductions at Information statement- Calculation of total profit or loss on the company tax return have not been included (for example, those amounts are capitalised) write zero 0 at Preliminary Calculation on the R&D tax concession schedule and Information statement- Reconciliation to taxable income or loss- 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 Information statement- Calculation of total profit or loss on the company tax return, add back the full amount of this aggregated expenditure at the fields Information statement- Reconciliation to taxable income or loss- Accounting expenditure in item 6 subject to R&D tax concession on the company tax return. Add-back of R&D accounting expenditure Feedstock adjustment - additional assessable income Feedstock revenue total Complete the relevant field with any expenditure incurred under a contract to another party, other than a Research Service Provider (RSP), that is directly for Research and Development (R&D) activities carried on by or on behalf of the company. This item excludes contracted expenditure carried out by an RSP, and expenditure under a contract that is, in substance, for the acquisition of plant. Contract expenditure (not RSP) - Australian owned R&D Complete the relevant field with the amount of expenditure incurred - foreign owned R&D expenditure. Inform any expenditure incurred under a contract to another party, other than a Research Service Provider (RSP), that is directly for Research and Development (R&D) activities carried on by or on behalf of the company. This item excludes contracted expenditure carried out by an RSP, and expenditure under a contract that is, in substance, for the acquisition of plant. Contract expenditure (not RSP) - Foreign owned R&D Complete the relevant field with the total amount of contracted expenditure that is Research Service Provider (RSP) incurred. The company may be wholly or primarily on behalf of a grouped foreign company. The provider must be registered under the Industry Research and Development Act 1986 (IR&D Act). Research Service Provider (RSP) expenditure - Australian owned R&D Complete the relevant field with the total amount of contracted expenditure that is Research Service Provider (RSP) incurred. The company may be wholly or primarily on behalf of a grouped foreign company. Research Service Provider (RSP) expenditure - Foreign owned R&D RDTISLodgeRequest [Abstract] ReportingParty Primary Items [Abstract] ReportingParty Australian Primary Items [Abstract] ReportingParty Foreign Primary Items [Abstract] GroupMember Primary Items [Abstract]