Save time by rolling over prior year R&D Tax claim responses
If you've completed a claim for FY18 R&D expenses (or an earlier year), and you wish to claim again this year, you can seamlessly roll over responses from FY18 directly into your FY19 claim form.
It's super easy to do, here's how:
- Log in to the Nifty Grants platform
- Instead of clicking +Create New look for the three little dots on any of your previous claims, as per the below (via both Dashboard views):
- Click on that to open the actions menu and select Duplicate
- Choose the new claim period, and the system will launch the new forms and pre-fill fields from the original
Then simply edit to update with this years’ detail
You will need to upload the new financial data, and to edit the experimentation steps so that you are describing what’s happened this year - because the basis for an R&D claim is that you’re creating new knowledge through the activities you’re conducting.
What if I have multiple businesses?
All of our users have the ability to lodge multiple claims for different businesses. Once you’re logged into Nifty R&D, you can click on your business’ name in the top right of your screen to view all businesses that you are making a claim for. You can easily switch between the claims and create more businesses to claim for.