R&D grants and R&D Tax Credits news

2020 Research & Development tax incentive Supplementary return

For those persons who have an extension of time to file an income tax return, your 2020 RDTI supplementary return this is due 30 April 2021 (late applications will not be accepted).

General approval applications 2021  

If you wish to claim a RDTI tax credit for the 2021 income year your R&D activities must be pre-approved before claiming the RDTI tax credit.

Please complete a general approval application for each project in myIR

The due date for general approval applications for the 2021 tax year is the 7th day of the second month after balance date, usually 7th of May 2021

If you have been materially delayed or disrupted by the COVID-19 outbreak and its effects, you can get an extension of time to file your general approval application up to the 7th day of the fifth month after balance date for the 2021 tax year only. 

Criteria & methodologies approval including significant performer elections (CAM)

If you wish to opt into Criteria & methodologies approval regime for the 2021 tax year, please submit in myIR your application by the 7th day of the second month after balance date, usually 7th of May 2021.