30 June Deadline For R&D Overseas Finding Applications

Have you spent R&D monies overseas this financial year? If so, this may be for you.

The Australian R&D Tax Incentive (RDTI) is the key federal program for encouraging and supporting businesses undertaking innovation, research and development onshore in Australia.

R&D activities and costs conducted outside of Australia may be claimed under certain circumstances and must be submitted through an Overseas Finding application.

The deadline of 30 June 2025 is nearing for businesses to submit an R&D Overseas Finding application to claim eligible overseas expenditure incurred during this financial year.

Can overseas R&D activities and costs be included in my R&D Tax claim?

There are certain criteria where R&D activities undertaken overseas, and the associated costs may be able to be considered under the RDTI.

Your advisor can assist you in applying for an Overseas Finding, which will include the overseas activities that may be claimable. This must be done before EOFY.

Eligibility for an Overseas Finding

In addition to the general legislative eligibility criteria of the RDTI the following conditions must be met for an eligible Overseas Finding to be made (speak to your advisor to understand these).
• There is a significant scientific link to one or more core Australian R&D activities (conducted solely in Australia)
• The overseas R&D activity cannot be conducted in Australia for one of four reasons
• The costs incurred on the overseas R&D activities, must be less than the costs of the activities undertaken solely in Australia.

Other considerations

A specialist advisor can assist you with collating the evidence and documentation necessary to provide support for the application. The application will be reviewed upfront, and your business will be contacted to advise the finding(s).
If a positive finding is received, the overseas R&D activities must also be registered annually with AusIndustry within 10 months of the end of the financial year that the activity was conducted.

We’re here to help

Contact Bentleys SA’s Grants and Incentives specialist Peter Wirtz for advice and assistance with your application before 30 June 2025.

Want to know more about how Bentleys can help you?

Make a time for a chat with us today. We’re here to help you get where you want to be.

Disclaimer: This information is general in nature and should not be relied on as advice. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs and seek professional advice before making any decisions based on this information.