This course provides an outline of the R&D tax concession incentive including eligibility requirements, notional R&D deductions and how to work out your offset.  There is also an explanation of how to work out your “aggregated turnover”, and the significance of this concept.

Key topics:

  • Who is eligible?
  • Working out your “aggregated turnover”
  • Working out your “notional deductions”
  • Working out your tax offset
  • Special rules
  • Strategies to maximise your incentive

This one hour online course forms part of the FastClass short course suite.

Learning objectives

  • Articulate the changes to the tax concession for R&D expenditure
  • Determine whether you are eligible for the R&D tax incentive
  • Identify the expenditure that is eligible for the incentive


Tax professionals working in Public Practice or corporate/SME entities with responsibilities requiring detailed knowledge of the provisions of R&D tax incentives.

This course is based on the Australian taxation system.

365 Days