Save time by rolling over prior year R&D Tax claim responses
If you've completed a claim for FY17 R&D expenses (or an earlier year), and you wish to claim again this year, you can seamlessly roll over responses from FY17 directly into your FY18 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.