Draft an R&D activity description under Division 355 of the ITAA 1997
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Draft the activity description from technical notes, separating core (s 355-25) and supporting (s 355-30) activities, and list missing evidence and AusIndustry pitfalls.
- What the lawyer must review
- Apply s 355-25(1)(b); ordinary development is not experimental
- Check exclusions and ATO software R&D guidance
- Check the offset: 43.5% under $20m aggregated turnover, grouping included
- At $20m or more: company tax rate plus 8.5% (R&D up to 2% of expenses) or 16.5%
- Register by 30 April or 31 October
- Written for / version
- Commonwealth versionCth
Rules that apply
The document starts from the task name. Change it if this piece of work is different.
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes preparing preliminary structure or wording. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Obtain and inspect the relevant current official register or search result. Confirm identities, interests and the date and scope of the search.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.