In the June quarterly, the following statement was made in the 4C.
The Company is in the process of preparing and lodging its R&D claim for FY2023, for which it estimates will be circa $660K.
In the clarification to the 4C, it then stated this:
The R&D tax incentive referred to at item 8.6.2 is expected to be received prior to 30 September 2023 due to the early finalisation and lodgment of the FY2023 income tax return and associated R&D rebate claim.
It didn't look like the Sept quarterly acknowledged this at all and didn't appear to have been received in the 4C accounts.
Any ideas if this was just a delay and will still be received?
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- Ann: NNG Investor Presentation 14-Nov-23
Ann: NNG Investor Presentation 14-Nov-23, page-4
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