AusIndustry Guidance and Materials

R&D Tax Registrations – Upcoming Deadlines

October 10th, 2022

Companies seeking to register R&D Activities conducted during the Year Ended 31 December 2021 (companies that have a December YE for tax) who are yet to do so should note that the Registration Deadline is the end of October 2022. The blanket and automatic extensions granted during COVID no longer apply, and the statutory deadlines revert to normal (10 months after the end of the financial year). There are mechanisms available under the IR&D Act and IRD Decision making provisions that allow […]

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ATO and AusIndustry R&D Tax Incentive Presentations in Coming Months

September 19th, 2022

The Australian Taxation Office (ATO) and AusIndustry have advised that they will host a series of online sessions for stakeholders seeking to learn more about the R&D Tax Incentive. The sessions aim to provide an introduction to the R&D Tax Incentive and guidance on key eligibility requirements. The sessions are being held online in October and November and registration details are available on business.gov.au. Get in touch with our office if you would like to speak to someone about a potential  […]

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Limit to Extensions of Time for R&D Applications (92 Days after Statutory Deadline)

July 20th, 2022

Companies should always seek to lodge R&D applications on time to avoid the need to pursue extensions.   Significant changes have been introduced over recent years limiting the time period available to companies applying for extensions of time to submit R&D applications.   A limit on extensions of time to submit an R&D application after a statutory deadline came into effect on 1 January 2021. From 1 April 2022,  this cap was amended from 3 months to 92 days. This […]

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Slight Changes to Login to AusIndustry R&D Tax Portal

July 15th, 2022

AusIndustry have announced that the R&D Tax Incentive Portal has transitioned to the Australian Government Digital Identity System to verify users. This has presented a change to the login process when accessing the R&D Tax Incentive Portal. From late June 2022, when logging into the R&D Tax Portal, the login button will display ‘Continue with Digital Identity’, replacing the current ‘Login with myGovID’ button. When you select ‘Continue with Digital Identity’ you’ll be given the option to select myGovID as your Digital Identity and asked […]

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