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Claiming the R&D tax offset #
If you are conducting R&D activities, you may be eligible to claim an R&D tax offset under the R&D tax incentive.
You should assess for yourself whether you, and the activities you are conducting, qualify for a claim under the R&D tax incentive. To help you do this, we have set out the 6 steps you need to take to work out if you can claim and, if so, how much. We have also provided a checklist.
Remember that you must keep accurate records. Not only does this make good business sense, it’s also the law. If you plan on using a tax agent or R&D consultant to help you lodge your returns or complete your forms, you need to make sure they are registered.