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FY24 R&D Registrations Now Open

July 2nd, 2024

Companies are now able to register R&D Activities conducted during the year ended 30 June 2024 (FY24) with AusIndustry.

For the FY24 period, the application process is again administered through the new online AusIndustry customer portal which was introduced for the prior FY21 period.

We understand that the AusIndustry activity disclosure requirements for FY24 are not materially different to prior years.

In addition, as the major changes for calculation of R&D Tax Offsets (disclosed in the ATO R&D Schedule) arose in the prior FY22 period, the ATO’s R&D Tax Incentive Schedule for the FY24 period is likely to be substantially unchanged from the versions of the past couple of years.

Please get in touch with our office if you require assistance, would like to speak to someone about a potential claim, or check out our website for more information.

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