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ATO Guidance and Materials

R&D Tax Risk Reporting Within ATO Top 500 Program

November 13th, 2023

In November 2023, the ATO published information about the Top 500 program. The Top 500 program is one of several programs administered as part of the Tax Avoidance Taskforce. The objective of the Taskforce is to provide the Australian Government and the community with confidence that Australia’s largest public and private groups are paying the correct amount of tax. The Top 500 program model of engagement is designed as an invitation for Top 500 groups to be proactive in demonstrating […]

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Clarifying R&D Program Integrity Rules

November 6th, 2023

On 27 Oct 2023 the ATO posted a new guidance document titled ‘Clarifying R&D program integrity rules’. The document covers areas of R&D Compliance that the ATO are concerned with including: R&D expenditure to associates The conducted for test Aggregated turnover for determining eligibility for Refundable R&D Tax Offsets Overseas activity expenditure Expenditure not at risk.   Nothing in this new guidance document is new or surprising, however the guidance is important in specifying current areas of ATO focus and concerns. […]

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Joint AusIndustry and ATO information Sessions in November

October 30th, 2023

AusIndustry have announced that in early November they will be conducting a joint event with the ATO to provide introductory level information regarding the R&D Tax Incentive. The sessions are noted as covering: The benefits offered by the R&D Tax Incentive; Who can apply; What R&D activities and expenditure are eligible; The importance of record keeping; When and how to apply. Information for registration to attend the session is available on the AusIndustry website. Please get in touch with our office if you would […]

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ATO Release Information Around Public Disclosure of R&D Claimant Information

October 23rd, 2023

In a significant shift in administration, the Australian Taxation Office (ATO) has this month published information around publication of Research and Development (R&D) expenditure claimant information. This move forms part of the administration changes to the Research and Development Tax Incentive (R&DTI) program initiated on 1st July 2021, which arose out of the previous government’s major reforms to the R&D Tax Incentive which passed with bipartisan support in October 2020. The rationale behind the change is to enhance transparency and accountability. […]

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