Companies with a fiscal year ending June 30, 2023, that intend to register R&D activities must do so through the customer portal by 11:59 pm AEST on 30th April 2024, 11.59 pm AEST
If R&D entities are unable to meet this deadline, they can seek an extension using the R&D portal. Extension applications should be filed before the deadline; however, extension requests submitted after the deadline will be considered.
According to AusIndustry’s website, “A request for an extension of 14 days (or less) made before the deadline will be approved.” Other extension requests will be considered in light of the reasons given, evidence supplied, whether the R&D entity has applied for any extensions before, and anything else that may be relevant, and will not guarantee an extension.
If you are considering making your first R&D claim, seek guidance as soon as feasible. This may also apply to R&D firms who normally prepare their R&D claims internally but are unsure how to apply Aus Industry’s instructions or the legislation. Contact us today!
