Concessions This element has been retired and should no longer be used. The total amount of capital expenditure (other than on depreciating assets) claimed as an immediate deduction for Companies in the mining, petroleum and quarrying industries: - exploration and prospecting - rehabilitation of mining or quarrying sites, and - payment of petroleum resource rent tax. Tax Concession Capital Expenditure Immediate Allowable Tax Deduction Amount This element has been retired and should no longer be used. The total amount of any capital gains disregarded by the small business under the applicable exemption relating to the number of years that the asset has been held. Tax Concession Capital Gains Small Business Exemption Total Amount This element has been retired and should no longer be used. The small business rollover allows you to defer all or part of a capital gain made from a CGT event if you acquire a replacement asset or improve an existing asset. Tax Concession Capital Gains Small Business Rollover Amount This element has been retired and should no longer be used. The amount of the total deductions claimed against all income relating to gross income of Retirement Savings Accounts. Tax Concession Deductions Retirement Savings Accounts Total Amount This element has been retired and should no longer be used. The total amount of deductible payments made to a Forestry Managed Investment Scheme, if the entity holds or held a financial interest in a FMIS for the financial year and the entity paid an amount to a forestry manager of an FMIS under a formal agreement. Tax Concession Forestry Managed Investment Scheme Deduction Amount This element has been retired and should no longer be used. The amount of the small and medium sized enterprises (SME) income component. A PDF's SME income component is its SME assessable income less deductions allowable to the PDF for the income year, whether those deductions relate to the SME assessable income or not. (Allowable deductions to a PDF are offset first against SME assessable income before being applied against unregulated investment income.) Tax Concession Pooled Development Funds Small To Medium Enterprises Income Amount This element has been retired and should no longer be used. Full-year PDFs: The unregulated investment component of a year of income of a company that is a PDF throughout the year of income is the amount remaining after deducting from the company's taxable income of the year of income the company's SME income component of the year of income. Part-year PDFs: The unregulated investment component of a year of income of a company that becomes a PDF during the year of income and is still a PDF at the end of the year of income is the amount remaining after deducting from the company's adjusted taxable income of the year of income the company's SME income component of the year of income. For this purpose, adjusted taxable income means so much of the company's taxable income of the year of income as does not exceed its PDF component of the year of income. Tax Concession Pooled Development Funds Unregulated Investment Income Amount This element has been retired and should no longer be used. The amount of all assessable contributions received by the Retirement Savings Account provider. Tax Concession Retirement Savings Account Assessable Contributions Amount This element has been retired and should no longer be used. The amounts (other than contributions) credited to Retirement Savings Accounts paying current pensions and annuities. Tax Concession Retirement Savings Accounts Income Exempt Amount This element has been retired and should no longer be used. The amount of the gross income of the Retirement Savings Account provider that is not a life insurance company, or the total amount credited to the Retirement Savings Accounts provided by a life insurance company. This includes assessable contributions received by the Retirement Savings Account provider. Tax Concession Retirement Savings Accounts Income Gross Amount This element has been retired and should no longer be used. The amount of the Retirement Savings Account component of the taxable income of the Retirement Savings Account provider that is not a life insurance company, or the amount to be included in the complying superannuation class of the taxable income of a life insurance company that is referable to Retirement Savings Accounts provided by the company. Tax Concession Retirement Savings Accounts Taxable Income Net Amount This element has been retired and should no longer be used. The small business active asset reduction concession applied to the capital gains Tax Concession Small Business Active Asset Reduction Amount This element has been retired and should no longer be used. The small business retirement exemption concession applied to the capital gains. Tax Concession Small Business Retirement Exemption Amount This element has been retired and should no longer be used. The calculation of all deductions claimed for research and development under total amount. The total of all deductions claimed for research and development. Tax Concession Research And Development Allocated Total Amount This element has been retired and should no longer be used. The amount of any balancing adjustment post 29 Jan 2001. If the company is entitled to deduct an amount following a balancing adjustment event (such as disposal), inform the relevant field with the amount of any part of the balancing adjustment that the company is entitled to at the increase rate, in the calculation of the total amount. Tax Concession Research And Development Balancing Losses Post 29 Jan 2001 Amount This element has been retired and should no longer be used. The amount of any part of a balancing adjustment that a company is entitled to increase post 29 Jan 2001. If the company is entitled to deduct an amount following a balancing adjustment event (such as disposal), inform the relevant field with the amount of any part of the balancing adjustment that the company is entitled to increase post 29 Jan 2001, in the calculation of the total amount. The amounts at the fields Claimable at the standard rate and Claimable at the additional rate must equal the amount shown at the total amount. Tax Concession Research And Development Balancing Profits Post 29 Jan 2001 Amount This element has been retired and should no longer be used. Total of the amounts claimable multiplied by the applicable rate. Inform the relevant field with the total of the amounts claimable multiplied by the applicable rate. Tax Concession Research and Development Claim Including Concession Total Amount This element has been retired and should no longer be used. Total amount of R&D tax concession to be transferred and claimable on the company tax return Inform the relevant field with the amountthat is to be transferred to Australian owned Research and Development (R&D) tax concession - not including the relevant field of the Company tax return. Tax Concession Research and Development Claim Total Amount This element has been retired and should no longer be used. Expenditure on work carried out by a Registered Research Agency (RRA) on behalf of an eligible company. Inform the relevant field with the total amount of contracted expenditure that is Register Research Agency incurred. The total amount must equal the sum of the other amounts claimed at the fields standard rate, additional rate and Foreign owned R&D expenditure. Tax Concession Research and Development Contracted Expenditure Registered Research Agency Amount This element has been retired and should no longer be used. Any expenditure incurred under a contract to another party, other than a Registered Research Agency (RRA) that is directly for Research and Development (R&D) activities carried on by or on behalf of the company Inform the relevant field with any expenditure incurred under a contract to another party, other than a Registered Research Agency (RRA), that is directly for Reseach and Development (R&D) activities carried on by or on behalf of the company. This item excludes contracted expenditure carried out by an RRA and expenditure under a contract that is, in substance, for the acquisition of plant. The amounts claimed at the fields Claimable at the standard rate, Claimable at the additional rate and foreign owned R&D expenditure must equal the total amount. Tax Concession Research And Development Contract Other Amount This element has been retired and should no longer be used. The deductible amount of Core technology expenditure. Inform the relevant field with the deductible amount of Core technology expenditure. Include deductions for core technology expenditure. Core technology expenditure includes expenditure incurred in acquiring, or in acquiring the right to use, core technology for Research and Dvelopment (R&D) activities that are carried on by the company or on ite behalf. A maximum of one-third of R&D expenditure incurred during the year on R&D activities related to the core technology can be deducted. Any undeducted core technology expenditure amounts can be carried forward to future years when the company undertakes R&D activities related to the core technology. Adjust the amount of core technology expenditure claimed in accordance with prepayment provisions. An adjustment may need to be made if core technology is disposed of. If core technology expenditure is deductible, as a result of the company joining a consolidated group, the tax cost of the core technology asset is `set'. An adjustment may need to be made to any deductions allowable for the decline in value of that asset. Tax Concession Research and Development Core Technology Deductible Amount This element has been retired and should no longer be used. The amount by which the consideration exceeds the written-down value, up to the limit of the difference between the cost of the plant and its written-down value. Inform the relevant field with the amount of Pre 29 Jan 2001 disposal profits. Include the amount by which the consideration exceeds the written-down value, up to the limit of the difference between the cost of the plant and its written-down value. NOTE: If the company chooses to take the Research and Development (R&D) tax offset, use this amount in calculating the size of the offset. Include the amount of any balancing adjustment (assessable income). Balancing adjustments sale of pilot plant (profits). If the consideration receivable is greater than the written-down value of the unit of pilot plant, include the amount by which the consideration exceeds the written-down value, up to a limit of the difference between the cost of the plant and its written-downvalue. Tax Concession Research And Development Disposal Profits Pre 29 Jan 2001 Amount This element has been retired and should no longer be used. The excess of the feedstock input over the feedstock output for the related research and development activities, in the year of income. Inform 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 can attract an additional concession component. If the company has eligible feedstock expenditure, include this amount. Inform the remainder of feedstock input at Residual feedstock expenditure as residual feedstock expenditure. Adjust the amount of eligible feedstock expenditure claimed in accordance with the prepayment provisions. The amounts at the fields Claimable at the standard rate, Claimable at the additional rate and foreign owned R&D expenditure must equal the amount shown at total amount. Tax Concession Research and Development Eligible Feedstock Expenditure Amount This element has been retired and should no longer be used. The adjustment to any amount of any deduction that has been allowed, or is allowable, to calculate the company's Research and Development (R&D) amount. Inform the relevant field with the amount of expenditure on the following items, Building expenditure and other adjustments required to the company's aggregate Research and Development (R&D) amount, other amounts that are not included in the Australian owned standard and additional rates that are needed to calculate the company's aggregate R&D amount. These amounts form part of the aggregate research and development amount even though they are not deductible. These include the total amount of any capital expenditure on buildings used for the purpose of carrying on R&D activities, for companies that are lodging a return regarding income and deductions for a period before or after they joined a consolidated group, the additional aggregate research and development amount. NOTE The items referred to above are not eligible for deduction under the R&D tax concession but are part of the aggregate R&D amount. Tax Concession Research and Development Expenditure Adjustment Total Amount This element has been retired and should no longer be used. Each of the companies that have all or part of the premium amount distributed to it can deduct the lesser of 50% of that amount for the year of income for which it is distributed; or 50% of the amount of incremental expenditure incurred by the company in the Y0 year of income that is eligible for a deduction at the rate of 125% Inform the relevant field with the amount of the company's deduction under the Research and Development (R&D) incremental concession on the Schedule and Incremental R&D (additional 50%) deduction in the relevant field on the Company tax return. Tax Concession Research and Development Extra Incremental Deduction Tax Concession Amount This element has been retired and should no longer be used. The total amount of government grants, recoupments and benefits received or entitled to be received for Research and Development (R&D) activities for which a company is also claiming the R&D tax concession in the current income year. Inform 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. Tax Concession Research and Development Government Grants And Recoupments Entitlement Amount This element has been retired and should no longer be used. The total amount of government grants and recoupments to incremental expenditure on Research and Dvelopment (R&D). Inform the relevant field with the amountof government grants and recoupments to incremental expenditure on Research and Development (R&D). Tax Concession Research and Development Government Grants And Recoupments Expenditure Amount This element has been retired and should no longer be used. The total amount of government grants and recoupments to incremental expenditure on Research and Dvelopment (R&D). Inform the relevant field with the amountof government grants and recoupments to incremental expenditure on Research and Development (R&D). Tax Concession Research and Development Government Grants And Recoupments Incremental Expenditure Amount This element has been retired and should no longer be used. Indicates if the company is a grouped taxpayer in accordance with the grouping rules in section 73L of the Income Tax Assessment Act 1936 and another taxpayer in the same group is also claiming the Australian owned R&D - extra incremental 50% deduction. Tax Concession Research And Development Incremental Code This element has been retired and should no longer be used. Incremental Tax concession, reduced expenditure on R&D The company should inform the field by calculating the amount of incremental expenditure Tax Concession Research and Development Incremental Tax Concession Calculation Reduced Expenditure Amount This element has been retired and should no longer be used. Question to determine if the company wants to claim the Research and Development (R&D) incremental tax concession? Inform the relevant field with the appropriate symbol if the company wants to claim the Research and Development (R&D) incremental tax concession. Tax Concession Research and Development Incremental Tax Concession Claim Eligible Indicator This element has been retired and should no longer be used. Adjustments to the amount of reduced expenditure for the company shown at Y0 As a total field this field may not be required in SBR. Tax Concession Research and Development Incremental Tax Concession Reduced Expenditure Adjustment Amount This element has been retired and should no longer be used. Adjustments to the amount of reduced expenditure for the group that is claimable at the additional rate. Inform the relevant field with the net effect of any adjustments to incremental expenditure on R&D claimable at the additional rate. Tax Concession Research and Development Incremental Tax Concession Reduced Expenditure Adjustment Deductible Amount This element has been retired and should no longer be used. Adjustments to the amount of reduced expenditure for the group that is claimable at the standard rate. Inform the relevant field with the net effect of any adjustments to incremental expenditure on R&D claimable at the standard rate. Tax Concession Research and Development Incremental Tax Concession Reduced Expenditure Adjustment Not Deductible Amount This element has been retired and should no longer be used. Interest expenditure incurred during the year of income in the financing of Research and Development (R&D) activities. Inform the relevant field with the amount of interest expenditure.This item includes interest, or an amount in the nature of interest, incurred during the year of income in the financing of Research and Dvelopment (R&D) activities. NOTE: You may need to adjust the amount of interest expenditure claimed in accordance with the prepayment provisions. Tax Concession Research and Development Interest Or Amounts In The Nature Of Interest Amount This element has been retired and should no longer be used. All Research and Development (R&D) expenditure incurred directly in respect of R&D activities carried on by or on behalf of the company not covered by contracted or salary expenditure. Inform 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. The amounts claimed at the fields -Claimable at the standard rate, Claimable at the additional and foreign owned R&D expenditure must equal the total amount. Tax Concession Research and Development Other Expenditure Amount This element has been retired and should no longer be used. Deductions for depreciating assets, including certain capital works, used in carrying on Research and Development (R&D) activities. Inform the relevant field with the notional amount as determined under 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 the relevant legislation, 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. The amounts at the fields Claimable at the standard rate and Claimable at additional rate must equal the amount shown at the total amount. Tax Concession Research And Development Plant And Depreciating Assets Post 29 Jan 2001 Amount This element has been retired and should no longer be used. Any expenditure incurred in the hire or leasing of an item of plant that is directly in respect of Research and Development (R&D) activities carried on by or on behalf of a company. Inform the relevant field with any expenditure incurred in the hire or leasing of an item of plant that is directly in respect of Research and Development (R&D) activities carried on by or on behalf of the company. Adjust the amount of plant leasing expenditure claimed in accordance with the prepayment provisions. The amounts at the fields Claimable at the standard rate and Claimable at the additional rate must equal the amount shown at the total amount. Tax Concession Research And Development Plant Leasing Amount This element has been retired and should no longer be used. Expenditure for the acquisition or construction of an experimental model of other plant for use in Research and Development (R&D) activities or for use in commercial production, one that is not for use in commercial production, but that has all of the intended characteristics of the other plant it is modelled on. Inform the relevant field with any deduction that is claimed for expenditure in acquiring or constructing such an item of pilot plant only if the unit of pilot plant is used exclusively for carrying on R&D activities during the year of income. The base amount at this item is the annual deduction percentage of the qualifying pilot plant expenditure for such items. Balancing adjustments may be needed if items of plant and pilot plant for which expenditure has been deducted are disposed of, lost or destroyed after being used exclusively for carrying on R&D activities, provided no deduction is allowable to the company for depreciation. The consideration received for the plant at the time of disposal may vary from the written-down value. If this balancing adjustment is a loss, record it at this item. If the consideration receivable for the disposal, loss or destruction of the unit of R&D plant is less than the written-down value, the amount of this difference can be claimed if a deduction for that expenditure is allowable. The amounts at the fields Claimable at the standard rate and Claimable at the additional rate (Claimable at 150% pre 8/96) must equal the total amount. Tax Concession Research and Development Plant Pilot Deductions Pre 29 Jan 2001 Including Disposal Losses Amount This element has been retired and should no longer be used. Indicates if the company is a grouped taxpayer in accordance with the grouping rules in section 73L of the Income Tax Assessment Act 1936 and another taxpayer in the same group is also claiming the foreign-owned R&D - extra incremental 75% deduction. Tax Concession Research and Development Premium Code This element has been retired and should no longer be used. The lesser amount of the eligible company's feedstock input, or feedstock output in relation to related research and development activities. Inform the relevant field with the amount of residual feedstock expenditure. Residual feedstock expenditure is the lesser amount of the company's feedstock input and feedstock output for Research and Development (R&D) activities in the year of income. If feedstock inputs are greater than feedstock outputs, inform the relevant field with the outputs amount; if it is less than feedstock outputs, inform the relevant field with the inputs amount Residual feedstock expenditure. Tax Concession Research and Development Residual Feedstock Expenditure Amount This element has been retired and should no longer be used. The amount of salary expenditure for employees who are carrying out an eligible Research and Development (R&D) activity. Inform the relevant field with the amount of salary expenditure for employees who are actually carrying out an eligible Research and Development (R&D) activity 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 the fields Other R&D expenditure; salary expenditure claimed that is to be adjusted in accordance with the prepayment provisions. The total of the amounts at the fields Claimable at the standard rate, Claimable at the additional rate and Foreign owned R&D expenditure must equal the total amount. Tax Concession Research And Development Salary Expenditure Amount This element has been retired and should no longer be used. Question to determine if the company wants to claim the R&D tax offset If the company chooses to take the offset, inform the Yes field with the appropriate symbol. If the company is ineligible to claim the offset, inform the No field with the appropriate symbol. Tax Concession Research and Development Tax Offset Claimed Indicator This element has been retired and should no longer be used. The amount of turnover of an eligible company for a year of income to determine eligibility for a tax offset. Inform 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 informing earlier fields are used 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 the relevant field 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 less than the allowable amount and the group turnover amount is less than the allowable amount, the company may choose to claim the R&D tax offset. Tax Concession Research and Development Tax Offset Turnover Amount