Table 1: Australian owned R&D incremental tax concession calculation - s73RA and 73RC steps
Row
|
Company
|
A Y0
Reduced expenditure on Australian owned R&D
D, table 2.1
|
B Y-1
Reduced expenditure on Australian owned R&D
D, table 2.2
|
C Y-2
Reduced expenditure on Australian owned R&D
D, table 2.3
|
D Y-3
Reduced expenditure on Australian owned R&D
D, table 2.4
|
E Total of columns B, C and D
D, table 3
|
F Column E divided by 3
E, table 3
|
G Column A minus column F
G, table 3
|
H Zero if column G is negative
H, table 3
|
a
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
b
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
c
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
d
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
e
|
Group members - totals from additional table
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
f
|
Total of eligible company and group
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Table 2.1: Calculation of the reduced expenditure on Australian owned R&D for the Y0 year of income
Row
|
Calculation element
|
Company 1
|
Company 2
|
Company 3
|
A
|
Incremental expenditure (step 2.1.1)
|
$
|
$
|
$
|
B
|
Adjustments to incremental expenditure (step 2.1.2)
Receipt of grants - initial clawback amount attributable to incremental expenditure (step 2.1.3)
|
$
|
$
|
$
|
C
|
Reduced expenditure on Australian owned R&D (step 2.1.4)
|
$
|
$
|
$
|
D
|
(A + B − C) (Write 0 if negative.)
|
$
|
$
|
$
|
Transfer the amount at D for each company to:
- table 1 or additional table (if used) of these instructions, for each relevant company for the year of income
- item 1 in part D of the Research and development tax concession schedule 2009 or additional table (if used) for the company, for the year of income, and
- F in table 3 of these instructions.
Note: If you are grouped with more than three companies, you will need to complete additional copies of tables 2.1 to 2.4.
Table 2.2: Calculation of the reduced expenditure on Australian owned R&D for the Y-1 year of income
Row
|
Calculation element
|
Company 1
|
Company 2
|
Company 3
|
A
|
Incremental expenditure (step 2.1.1)
|
$
|
$
|
$
|
B
|
Adjustments to incremental expenditure (step 2.1.2)
|
$
|
$
|
$
|
C
|
Receipt of grants - initial clawback amount attributable to incremental expenditure (step 2.1.3)
|
$
|
$
|
$
|
D
|
Reduced expenditure on Australian owned R&D (step 2.1.4)
(A + B − C) (Write 0 if negative.)
|
$
|
$
|
$
|
Transfer the amount at D for each company to:
- table 1 or additional table (if used) of these instructions, for each relevant company for the year of income
- item 1 in part D of the Research and development tax concession schedule 2009 or additional table (if used) for the company, for the year of income, and
- A in table 3 of these instructions.
Table 2.3: Calculation of the reduced expenditure on Australian owned R&D for the Y-2 year of income
Row
|
Calculation element
|
Company 1
|
Company 2
|
Company 3
|
A
|
Incremental expenditure (step 2.1.1)
|
$
|
$
|
$
|
B
|
Adjustments to incremental expenditure (step 2.1.2)
|
$
|
$
|
$
|
C
|
Receipt of grants - initial clawback amount attributable to incremental expenditure (step 2.1.3)
|
$
|
$
|
$
|
D
|
Reduced expenditure on Australian owned R&D (step 2.1.4)
(A + B − C) (Write 0 if negative.)
|
$
|
$
|
$
|
Transfer the amount at D for each company to:
- table 1 or additional table (if used) of these instructions, for each relevant company for the year of income
- item 1 in part D of the Research and development tax concession schedule 2009 or additional table (if used) for the company, for the year of income, and
- B in table 3 of these instructions.
Table 2.4: Calculation of the reduced expenditure on Australian owned R&D for the Y-3 year of income
Row
|
Calculation element
|
Company1
|
Company 2
|
Company 3
|
A
|
Incremental expenditure (step 2.1.1)
|
$
|
$
|
$
|
B
|
Adjustments to incremental expenditure (step 2.1.2)
|
$
|
$
|
$
|
C
|
Receipt of grants - initial clawback amount attributable to incremental expenditure (step 2.1.3)
|
$
|
$
|
$
|
D
|
Reduced expenditure on Australian owned R&D (step 2.1.4)
(A + B − C) (Write 0 if negative.)
|
$
|
$
|
$
|
Transfer the amount at D for each company to:
- table 1 or additional table (if used) of these instructions, for each relevant company for the year of income
- item 1 in part D of the Research and development tax concession schedule 2009 or additional table (if used) for the company, for the year of income, and
- C in table 3 of these instructions.
Table 3: Calculation of increase in expenditure on Australian owned R&D
Row
|
Calculation element
|
Company 1
|
Company 2
|
Company 3
|
A
|
Reduced expenditure on Australian owned R&D by the eligible company in its group membership period for the Y-1 year of income (from D in table 2.2)
|
$
|
$
|
$
|
B
|
Reduced expenditure on Australian owned R&D by the eligible company in its group membership period for the Y-2 year of income (from D in table 2.3)
|
$
|
$
|
$
|
C
|
Reduced expenditure on Australian owned R&D by the eligible company in its group membership period for the Y-3 year of income (from D in table 2.4)
|
$
|
$
|
$
|
D
|
Total (A + B + C)
|
$
|
$
|
$
|
E
|
Average reduced incremental expenditure on Australian owned R&D for theY-1, Y-2 and Y-3 years
(D ÷ 3)
|
$
|
$
|
$
|
F
|
Reduced expenditure on Australian owned R&D by the eligible company in its group membership period for the Y-0 year of income (from D in table 2.1)
|
$
|
$
|
$
|
G
|
Change in expenditure on Australian owned R&D
(F − E)
|
$
|
$
|
$
|
H
|
If G above is a negative number, write 0 at H. Otherwise, this is equal to the amount shown at G. This is the increase in expenditure on Australian owned R&D.
|
$
|
$
|
$
|
Transfer the amount at D for each company to:
- column E in table 1 for each company.
Transfer the amount at E for each company to:
- column F in table 1 for each company.
Transfer the amount at G for each company to:
- column G in table 1 for each company.
Transfer the amount at H for each company to:
- column H in table 1 for each company, and
- A of table 15 for the claimant company only.
If the result at H is zero, leave M item 3 in part D of the Research and development tax concession schedule 2009 blank (you are ineligible for the Australian owned R&D incremental tax concession), and print X in the No box at the top of part D of the Research and development tax concession schedule 2009.
Note: If you are grouped with more than three companies, you will need to complete additional copies of table 3.
Table 4: Foreign owned R&D incremental tax concession calculation - s73RB and 73RD steps
Row
|
Campany
|
A Y0
E, table 5
|
B Y-1
A, table 6
|
C Y-2
B, table 6
|
D Y-3
C, table 6
|
E Total of columns B, C and D
D, table 6
|
F Column E divided by 3
E, table 6
|
G Column A minus column F
G, table 6
|
H Zero if column G is negative
H, table 6
|
a
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
b
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
c
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
d
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
e
|
Group members - totals from additional table
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
f
|
Total of eligible company and group
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Table 5: Calculation of the reduced expenditure on foreign owned R&D for Y0 year of income
Row
|
Calculation element
|
Company 1
|
Company 2
|
Company 3
|
A
|
Foreign owned R&D expenditure from part A of the Research and development tax concession schedule 2009 (step 3.1.1)
|
$
|
$
|
$
|
B
|
Adjustments to foreign owned R&D expenditure (step 3.1.2)
|
$
|
$
|
$
|
C
|
Expenditure on foreign owned R&D (A + B)
|
$
|
$
|
$
|
D
|
Receipt of grants - initial clawback amount attributable to incremental expenditure (step 3.1.3)
|
$
|
$
|
$
|
E
|
Reduced expenditure on foreign owned R&D (step 3.1.4)
(C − D) (Write 0 if negative.)
|
$
|
$
|
$
|
Transfer the amount at E for each company to:
Note: If you are grouped with more than three companies, you will need to complete additional copies of table 5. Also, if you did not have a nil expenditure year for the Y-1, Y-2 and Y-3 years, you will need to use additional copies of this table when completing step 3.3.2.
Table 6: Total reduced notional expenditure on foreign owned R&D
Row
|
Calculation element
|
Company 1
|
Company 2
|
Company 3
|
A
|
Reduced notional expenditure on foreign owned R&D by the eligible company in its group membership period for the Y-1 year of income
|
$
|
$
|
$
|
B
|
Reduced notional expenditure on foreign owned R&D by the eligible company in its group membership period for the Y-2 year of income
|
$
|
$
|
$
|
C
|
Reduced notional expenditure on foreign owned R&D by the eligible company in its group membership period for the Y-3 year of income
|
$
|
$
|
$
|
D
|
Total reduced notional expenditure on foreign owned R&D
(A + B + C)
|
$
|
$
|
$
|
E
|
Average reduced notional expenditure on foreign owned R&D for the Y-1, Y-2 and Y-3 years
(D ÷ 3)
|
$
|
$
|
$
|
F
|
Reduced expenditure on foreign owned R&D by the eligible company in its group membership period for the Y-0 year of income (E in table 5)
|
$
|
$
|
$
|
G
|
Change in expenditure on foreign owned R&D
(F - E)
|
$
|
$
|
$
|
H
|
If G above is a negative number, write 0 at H. Otherwise, H is equal to the amount shown at G. This is the increase in expenditure on foreign owned R&D.
|
$
|
$
|
$
|
Transfer the amount at D for each company to:
- column E in table 4 for the relevant company.
Transfer the amount at E for each company to:
- column F in table 4 for the relevant company.
Transfer the amount at G for each company to:
- column G in table 4 for the relevant company.
Transfer the amount at H for each company to:
- column H in table 4 for the relevant company
- A in table 17 for the claimant company only.
If the result at H is zero, leave K item 2 in part E of the Research and development tax concession schedule 2009 blank (you are ineligible for the foreign owned R&D incremental tax concession), and print X in the No box at the top of part E of the Research and development tax concession schedule 2009.
Note: If you are grouped with more than three companies, you will need to complete additional copies of table 6.
Table 7: Calculation of adjusted increase in expenditure on R&D by the group [s73RE]
Adjustment balance calculation [s73V] – Adjustment balance inputs
|
Adjustment balance calculation [s73V] – A Group R&D spend
Y-1
|
Adjustment balance calculation [s73V] – B Group R&D spend
Y-2
|
Adjustment balance calculation [s73V] – C Group R&D spend
Y-3
|
Adjustment balance calculation [s73V] – D AA0
|
Adjustment balance calculation [s73V] – E AA-1
|
Adjustment balance calculation [s73V] – F RA-1
|
Adjustment balance calculation [s73V] – G Adjustment balance
|
s73RE calculation – H Adjusted increase in expenditure by the group
|
-
|
C, table 8.1
|
C, table 8.2
|
C, table 8.3
|
D, table 9
|
D, table 10
|
D, table 11
|
C, table 12 or
F, table 13
|
E, table 14
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Table 8.1: R&D spend Y-1
Row
|
Calculation element
|
Amount
|
A
|
Group Y-1 from table 1(row f of column B)
|
$
|
B
|
Group Y-1 from table 4 (row f of column B)
|
$
|
C
|
R&D spend Y-1 (A + B)
Transfer the result at C to:
- column A in table 7
- C in table 9
- E in table 13.
|
$
|
Table 8.2: R&D spend Y-2
Row
|
Calculation element
|
Amount
|
A
|
Group Y-2 from table 1 (row f of column C)
|
$
|
B
|
Group Y-2 from table 4 (row f of column C)
|
$
|
C
|
R&D spend Y-2 (A + B)
Transfer the result at C to:
- column B in table 7 above
- A in table 9
- C in table 10
- A in table 11.
|
$
|
Table 8.3: R&D spend Y-3
Row
|
Calculation element
|
Amount
|
A
|
Group Y-3 from table 1 (row f of column D)
|
$
|
B
|
Group Y-3 from table 4 (row f of column D)
|
$
|
C
|
R&D spend Y-3 (A + B)
Transfer the result at C to:
- column C in table 7
- A in table 10
- B in table 11.
|
$
|
Table 9: Calculation of adjustment amount for Y0 (AA0)
Row
|
Calculation element
|
Amount
|
A
|
R&D spend Y-2 (from C in table 8.2)
|
$
|
B
|
A 0.8
|
$
|
C
|
R&D spend Y-1 (from C in table 8.1)
|
$
|
D
|
AA0 (B - C) (Write 0 if negative.)
|
$
|
Transfer the amount at D to:
- column D, AA0, in table 7
- A in table 12
- B in table 13.
Table 10: Calculation of adjustment amount for Y-1 (AA-1)
Row
|
Calculation element
|
Amount
|
A
|
R&D spend Y-3 (from C in table 8.3)
|
$
|
B
|
A × 0.8
|
$
|
C
|
R&D spend Y-2 (from C in table 8.2)
|
$
|
D
|
AA-1 (B - C) (Write 0 if negative.)
|
$
|
Transfer the amount at D to:
- column E in table 7
- B in table 12
- C in table 13.
Table 11: Calculation of running average for Y-1 (RA-1)
Row
|
Calculation element
|
Amount
|
A
|
The R&D spend Y-2 (from C in table 8.2)
|
$
|
B
|
The R&D spend Y-3 (from C in table 8.3)
|
$
|
C
|
Total (A + B)
|
$
|
D
|
RA-1 (C divided by 2)
|
$
|
Transfer the result from D to:
- column F in table 7
- A in table 13.
Table 12: Calculation of the adjustment balance
Row
|
Calculation elements
|
Amout
|
A
|
Write AA0 (from column D in table 7)
|
$
|
B
|
Write AA-1 (from column E in table 7)
|
$
|
C
|
Adjustment balance (A + B)
|
$
|
Transfer the amount at C to:
- column G in table 7
- D in table 14.
Table 13: Calculation of the adjustment balance
Row
|
Calculation element
|
Amount
|
A
|
RA-1 (from column F in table 7)
|
$
|
B
|
Write AA0 (from column D in table 7)
|
$
|
C
|
Write AA-1 (from column E in table 7)
|
$
|
D
|
Subtotal (A + B + C)
|
$
|
E
|
R&D spend Y-1 (from Cin table 8.1)
|
$
|
F
|
Adjustment balance (D − E) (Write 0 if negative.)
|
$
|
Transfer the amount at F to:
- column G in table 7, and
- D in table 14.
Table 14: Calculation of the adjusted increase in expenditure on R&D by the group
Row
|
Calculation element
|
Amount
|
A
|
Row f of column G in table 1
|
$
|
B
|
Row f of column G in table 4
|
$
|
C
|
A + B (Write 0 if negative.)
|
$
|
D
|
Adjustment balance (from column G in table 7)
|
$
|
E
|
Adjusted increase in expenditure by the group (C − D) (Write 0 if negative.)
|
$
|
Transfer the result at E to:
- column H in table 7
- E in table 15
- E in table 17.
Table 15: Calculation of your company's share of the Australian owned part of the adjusted increase in expenditure on R&D by the group
Row
|
Calculation element
|
Amount
|
A
|
Increase in expenditure on Australian owned R&D by the eligible company (row a of column H in table 1)
|
$
|
B
|
Total increase in expenditure on Australian owned R&D by the eligible companies in the group (row f of column H in table 1)
|
$
|
C
|
Net increase in expenditure on Australian owned R&D by the group (row f of column G in table 1)
|
$
|
D
|
Net increase in expenditure on foreign owned R&D by the group (row f of column G in table 4)
Note: If the figure at row f of column G in table 4 is negative, write 0 at this label.
|
$
|
E
|
Adjusted increase in expenditure on R&D by the group (from E in table 14)
|
$
|
F
|
A ÷ B (Do not round this number.)
|
$
|
G
|
C + D
|
$
|
H
|
C ÷ G (Do not round this number.)
|
$
|
I
|
The company's share of the Australian owned part of the adjusted increase (E × F × H)
|
$
|
Transfer the amount at I to:
Note: If the figures at A, B, C or E above are zero, leave M item 3 in part D of the Research and development tax concession schedule 2009 blank (you are ineligible for the Australian owned R&D incremental tax concession), and print X in the No box at the top of part D of the Research and development tax concession schedule 2009. If you are ineligible, skip step 5.2 and go to step 6.
Table 16: Company
Row
|
Calculation element
|
Amount
|
A
|
The company's share of the Australian owned part of the adjusted increase (from I in table 15)
|
$
|
B
|
A × 0.5
|
$
|
Transfer the amount at B to M item 3 in part D of the Research and development tax concession schedule 2009, and to M item 7 of the Company tax return 2009.
Print X in the Yes box at the top of part D of the Research and development tax concession schedule 2009.
Table 17: Calculation of your company's share of the foreign owned part of the adjusted increase in expenditure on R&D by the group
Row
|
Calculation element
|
Amount
|
A
|
Increase in expenditure on foreign owned R&D by the eligible company (row a of column H in table 4)
|
$
|
B
|
Total increase in expenditure on foreign owned R&D by the eligible companies in the group (row f of column H in table 4)
|
$
|
C
|
Net increase in expenditure on foreign owned R&D by the group (row f of column G in table 4)
|
$
|
D
|
Net increase in expenditure on Australian owned R&D by the group (row f of column G in table1)
Note: If the figure at row f of column G in table 1 is negative, write 0 at this label.
|
$
|
E
|
Adjusted increase in expenditure on R&D by the group (from E in table 14)
|
$
|
F
|
A ÷ B (Do not round this number.)
|
$
|
G
|
C + D
|
$
|
H
|
C ÷ G (Do not round this number.)
|
$
|
I
|
The company's share of the foreign owned part of the adjusted increase (E × F × H)
|
$
|
Transfer the amount at I to:
Note: If the figures at A, B, C or E above are zero, leave K item 2 in part E of the Research and development tax concession schedule 2009 blank (you are ineligible for the foreign owned R&D incremental tax concession), and print X in the No box at the top of part E of the Research and development tax concession schedule 2009. If you are ineligible, skip step 6.2 and go to Part F - R&D tax offset (eligible Australian owned expenditure only).
Table 18: Company
Row
|
Calculation element
|
Amount
|
A
|
The company's share of the foreign owned part of the adjusted increase (from I in table 17)
|
$
|
B
|
A × 0.75
|
$
|
Transfer the amount at B to K item 2 in part E of the Research and development tax concession schedule 2009, and to K item 7 of the Company tax return 2009, and print X in the Yes box at the top of part E of the Research and development tax concession schedule 2009.
