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Original or amended schedule
If you have already lodged a Research and development tax incentive schedule 2021, place an X in the box at the right of Amended schedule. Otherwise, place an X in the box at the right of Original.
Company name
Enter the name of the company. The name shown on the Research and development tax incentive schedule must be the same as that shown on the company's tax return.
Tax file number (TFN)
Enter the TFN of the company lodging the schedule and company tax return. The TFN shown on the Research and development tax incentive schedule must be the same as that shown on the company's tax return.
AusIndustry – Industry Innovation and Science Australia number
Enter the AusIndustry – Industry Innovation and Science Australia registration number issued to the company for registered R&D activities for this income year. If you are only claiming expenditure incurred to an associate in an earlier income year that has been paid in the current year, you will need to include your AusIndustry – Industry Innovation and Science Australia registration number for the income year that registration was obtained for the related R&D activities. If your company is part of a consolidated group, only the head company should apply for registration under the R&D tax incentive.
Australian business number (ABN)
Enter the company's ABN.
Preliminary calculation – Add back of research and development (R&D) accounting expenditure
At D Preliminary calculation enter the total of amounts written at the expenditure labels in item 6 Calculation of total profit or loss on the Company tax return 2021 (NAT 0656) that relate to amounts that you are claiming as a notional R&D deduction under the R&D tax incentive provisions. Generally, these amounts include expenditure for accounting purposes on R&D activities, which are used in calculating the R&D tax offset, rather than being claimed as allowable deductions.
The Income and Expenses amounts written at item 6 Calculation of total profit or loss are accounting system amounts that correspond to the amounts in your financial statements for the income year. Do not include accounting fees here.
At D Preliminary calculation you also need to include amounts that you have written at the expenditure labels in item 6 Calculation of total profit or loss on the Company tax return 2021 which you have incurred to your associates that are not yet paid or claimed and are to be carried forward. For more information, see Part D – R&D expenditure to associates.
The amount written at D Preliminary calculation on the Research and development tax incentive schedule must be the same as the amount written at D Accounting expenditure in item 6 subject to R&D tax incentive item 7 on the Company tax return 2021.
If you have not written expense amounts for R&D deductions and R&D expenditure to associates to be carried forward at item 6 Calculation of total profit or loss on the company tax return (if, for example, those amounts are capitalised for accounting purposes) enter 0 (zero) at:
- D Preliminary calculation on the Research and development tax incentive schedule, and
- D Accounting expenditure in item 6 subject to R&D tax incentive item 7 on the Company tax return 2021.