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3. Tirisano was involved in the research and development of new cost-effective aluminium manufacturing processes. The research and development process commenced on 1 June 2022
3. Tirisano was involved in the research and development of new cost-effective aluminium manufacturing processes. The research and development process commenced on 1 June 2022 and an application was sent to the Department of Science and Technology the same day. The process was approved by the Minister of Science and Technology on 30 December 2022 and is in the production of income. The costs incurred on the project up to the end of the financial year are as follows: Operating research expenses Machinery (new and unused) Staff administration costs R 102 000 662 840 844 700 Included in the staff administration cost is an amount of R280 000 paid to researchers working on the research process. How do we account it in the normal tax liability
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