The Australian Taxation Office (ATO) has outlined the following 6 steps required to receive the R & D Tax Incentive:
1. Do you meet the initial eligibility requirements?
http://mcnamaraandco.com/news/2013/02/am-i-eligible-for-the-r-d-tax-incentive/
2. Are you controlled by any exempt entities?
http://mcnamaraandco.com/news/2013/03/what-are-the-implications-of-being-controlled-by-exempt-entities-in-terms-of-the-r-d-tax-incentive/
3. What is your turnover (associated entities may need to be considered)?
http://mcnamaraandco.com/news/2013/03/how-does-the-turnover-of-the-company-affect-my-research-and-development-r-d-incentive/
4. Which offset is available?
http://mcnamaraandco.com/news/2013/03/what-tax-offsets-are-available-under-the-research-and-development-r-d-tax-incentive/
5. Calculate the tax offset.
http://mcnamaraandco.com/news/2013/03/how-is-the-research-development-r-d-tax-offset-calculated/
6. Lodging the claim.
