For the 2021 income year, AusIndustry has changed from the existing PDF form for registering R&D activities, to an online customer portal. The portal is aimed at improving the customer experience, and the information captured (compliance) as a part of the process.
At this time, you can begin drafting an application form but you will be unable to submit until Monday 5 July, 2021.
How to activate your R&D Incentive application so we can lodge on your behalf
1. an authorised officer* of the company must log into the R&DTI customer portal using myGovID
*an authorised officer can be anyone the company recognises as empowered to review and approve the application
i. enter the authorised officers’ email (linked to MyGov)
ii. download and open the myGovID application
iii. authenticate the login following the prompts
2. complete the R&D Tax Incentive preregistration questions (typical example answers below)
i. are you an eligible R&D entity - yes
ii. have you self-assessed the activities that you are claiming are eligible under the legislation - yes
iii. if you are claiming overseas activities, do you have an Overseas Finding in place for those activities - N/A
iv. if your R&D expenditure is less than $20,000, did you use a Research Service Provider (RSP) to perform your R&D - N/A
v. have you kept records to show that your activities are eligible - yes
vi. are you applying to register within 10 months of your company’s income year end - yes
3. login to the R&DTI customer portal and open the ‘Manage access’ page
4. add a new authorisation to access the R&DTI portal on your behalf
i. enter RSF Consulting Pty Ltd’s ABN – 88604126052
ii. select “Tax professional” as the relationship
iii. enter the start and end dates of your financial year respectively
iv. finalise the authorisation and confirm with tim.florea@rsfconsulting.com