Only 10 days left to register 2014/15 R&D activities with AusIndustry!

BSI Admin

The deadline for lodgement of R&D Tax Incentive claims for the 2014/15 financial year is fast approaching.

Companies wishing to claim tax offsets under the R&D Tax Incentive Programme must register their R&D activities with AusIndustry within 10 months of the end of their year of income. For R&D activities conducted in the year ended 30 June 2015, the registration deadline is 30 April 2016 – just 10 days away!

Failure to lodge an application by the deadline will mean any R&D tax benefits otherwise available for that year will be lost.

Now is also a great time to plan and budget for the next financial year.

The passing of the lodgement deadline for 2014/15 is also a great time to review any current year (2015/16) R&D activities, and your compliance with AusIndustry’s documentation requirements. If you need assistance preparing an R&D Tax Incentive claim, reviewing existing record keeping practices and / or planning and budgeting for future R&D activities please call us on (02) 9126 9100 or email info@bsi.com.au