Posts tagged R&D Tax Concession
R&D Tax Concession 09/10 tax year – last 45 days to apply
Mar 18th
Time is running out for companies to register and complete their R&D Tax Concession application for the 2009/10 tax year.
Companies with year end at 30th June 2010 have until 30th April 2011 to register.
The R&D Tax Concession, registration application form is available at a single entry point via the R&D Tax Concession Online Gateway. The form is a downloadable, editable, and electronically submittable PDF application for annual registration of R&D activities (section 39J) and allows customers to select the income year of the form.
A short Help Guide is available inside the Gateway along with comprehensive application notes that provide assistance with accessing, navigating and printing the form.
The downloadable PDF form uses Adobe Acrobat Reader technology. For customers who intend to submit electronically using the Adobe PDF form, further information on supported Adobe Acrobat Reader versions is available at the R&D Tax ConcessionOnline Gateway.
Research & Development Tax Concession (and 125% Tax Offset)
Feb 7th
Under the R&D Tax Offset program the Government recognises the importance of providing innovative an opportunity to increase their cash flow when they most need it during their initial growth phase, particularly those in tax loss who cannot gain immediate benefit from the R&D tax concession.
Companies must register their R&D plan annually for approval before completing the tax forms. Applications must be lodged within 10 months of the end of the company’s income year. For most companies with a 30 Jun 2009 Tax year the deadline is 30th April 2010.
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