I have registered my R&D activities but want to claim some of the expenditure on those activities under section 8-1 of the ITAA 1997. Can I do this?
No. Amounts incurred on your registered R&D activities must be claimed under the R&D tax incentive.
If you choose not to claim your expenditure under the R&D tax incentive, you cannot claim it elsewhere on your tax return.
You can only claim a deduction under section 8-1 (or other provision) of the ITAA 1997 if the expenditure does not meet the eligibility requirements under Division 355. This means that if your R&D activities are registered with AusIndustry, you can only claim your expenditure on those activities under the R&D tax incentive.
Visit Research and development tax incentive – home for more information about when you are eligible to deduct an amount under Division 355 of the ITAA 1997, including the requirements to:
Courtesy of the ATO