The blanket and automatic extensions granted during COVID do NOT apply any longer or for FY23 claims.

Extensions of time may be available in certain situations, and extension applications lodged BEFORE the original deadline are viewed much more favorably. However, recent changes place a limit on the duration of extensions available.

In our experience, extensions of time:

Extensions of time must be submitted by the new R&D Tax online portal, and noting that it can be time consuming to set up this portal (particularly if registering for the first time) companies seeking to lodge FY23 claims who have not already done so should take urgent action now to ensure their submissions are on track.

Please get in touch with our office if you require assistance, would like to speak to someone about a potential claim, or check out our website for more information.