Registration deadline looming for R&D Tax Incentive
The registration of research and development (R&D) activities, under the R&D Tax Incentive, closes next week for the 2011-12 year.
Annual registration of R&D activities with Innovation Australia is a prerequisite for companies claiming the R&D Tax Incentive.
The deadline for lodging an application for registration is 10 months after the end of a company’s income year. This means that companies with a standard year of income of 1 July 2011 to 30 June 2012 who wish to apply for the R&D Tax Incentive for the 2011-12 income year must lodge their registration application with AusIndustry by 30 April 2013. Electronic applications must be lodged by midnight local time, while hard-copy applications must be received by 5 pm local time.
The AusIndustry Hotline will be open for extended hours on 29 and 30 April to assist companies completing their R&D Tax Incentive application for the 2011-12 income year.
For more information, click here.
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