Clawback guide – government grants and reimbursements

Explains when an adjustment applies, what clawbacks do, and where adjustments don't apply.

How to work out if this applies to you and the 3 questions you answer to see if a clawback adjustment is required.

To work out in which income year you need to make a clawback adjustment, you must identify the ‘trigger year’.

Once you have determined the timing of the clawback adjustment, you will need to calculate the amount of tax paid on it.

See the special rules that apply to R&D partnerships.

How the single entity rule applies and what to do if a member joins or leaves.

Find out whether recoupments must be included in your assessable income.

See the other requirements you should consider if you want to claim the R&D tax incentive.

How to contact us or AusIndustry for more information.