Hi, just some questions regarding R & D Incentive.
For the incentive we received, we should report this in our income tax return, correct? Should we also report this in our BAS as well? Or they are non-reportable income for BAS?
Thank you.
Hello there @BettyLiu11,
Yes, Thats right. You don't report the R&D tax offset in your BAS lodgements. You will not need to report it in you company tax return either. This is because you complete a research and development tax incentive schedule and send this in along with the return.
More info can be found on our research and development tax incentive webpage.
Hello there @BettyLiu11,
Yes, Thats right. You don't report the R&D tax offset in your BAS lodgements. You will not need to report it in you company tax return either. This is because you complete a research and development tax incentive schedule and send this in along with the return.
More info can be found on our research and development tax incentive webpage.
15 Apr 2026 · 4 min read time
16 July 2025 · 5 min read time
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