Corporation Tax Act 2009 (c. 4)

Part 13 U.K. Additional relief for expenditure on research and development

Chapter 7 U.K. Relief for large companies: vaccine research etc

Introductory U.K.

F1 1085 Overview of Chapter U.K.

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Textual Amendments

F1 Pt. 13 Ch. 7 omitted (with effect in accordance with s. 47(15) of the amending Act) by virtue of Finance Act 2016 (c. 24), s. 47(2)

F1 1086 Meaning of “qualifying R&D activity” U.K.

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Textual Amendments

F1 Pt. 13 Ch. 7 omitted (with effect in accordance with s. 47(15) of the amending Act) by virtue of Finance Act 2016 (c. 24), s. 47(2)

Reliefs U.K.

F1 1087 Deduction in calculating profits of trade U.K.

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Textual Amendments

F1 Pt. 13 Ch. 7 omitted (with effect in accordance with s. 47(15) of the amending Act) by virtue of Finance Act 2016 (c. 24), s. 47(2)

F1 1088 Declaration about effect of relief U.K.

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Textual Amendments

F1 Pt. 13 Ch. 7 omitted (with effect in accordance with s. 47(15) of the amending Act) by virtue of Finance Act 2016 (c. 24), s. 47(2)

F2 1089 SMEs: amount of deduction U.K.

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Textual Amendments

F2 S. 1089 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 24

F3 1090 Modification of section 1089 for larger SMEs U.K.

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Textual Amendments

F3 S. 1090 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 24

F1 1091 Amount of deduction U.K.

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Textual Amendments

F1 Pt. 13 Ch. 7 omitted (with effect in accordance with s. 47(15) of the amending Act) by virtue of Finance Act 2016 (c. 24), s. 47(2)

F4 1092 SMEs: deemed trading loss for pre-trading expenditure U.K.

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Textual Amendments

F4 Ss. 1092-1096 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 26

F4 1093 Modification of section 1092 for larger SMEs U.K.

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Textual Amendments

F4 Ss. 1092-1096 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 26

F4 1094 Relief only available to SME where company is going concern U.K.

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Textual Amendments

F4 Ss. 1092-1096 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 26

Deemed trading loss: further provision U.K.

F4 1095 Elections under section 1092 U.K.

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Textual Amendments

F4 Ss. 1092-1096 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 26

F4 1096 Treatment of deemed trading loss under section 1092 U.K.

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Textual Amendments

F4 Ss. 1092-1096 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 26

Threshold U.K.

F5 1097 R&D threshold U.K.

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Textual Amendments

F5 S. 1097 omitted (with effect in accordance with Sch. 3 para. 39 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 7(5)

Qualifying expenditure U.K.

F1 1098 Meaning of “qualifying Chapter 7 expenditure” U.K.

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Textual Amendments

F1 Pt. 13 Ch. 7 omitted (with effect in accordance with s. 47(15) of the amending Act) by virtue of Finance Act 2016 (c. 24), s. 47(2)

F6 1099 SMEs: qualifying expenditure “for” an accounting period U.K.

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Textual Amendments

F6 S. 1099 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 26

F1 1100 Qualifying expenditure “for” an accounting period U.K.

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Textual Amendments

F1 Pt. 13 Ch. 7 omitted (with effect in accordance with s. 47(15) of the amending Act) by virtue of Finance Act 2016 (c. 24), s. 47(2)

F1 1101 Qualifying expenditure on in-house direct R&D U.K.

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Textual Amendments

F1 Pt. 13 Ch. 7 omitted (with effect in accordance with s. 47(15) of the amending Act) by virtue of Finance Act 2016 (c. 24), s. 47(2)

F1 1102 Qualifying expenditure on contracted out R&D U.K.

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Textual Amendments

F1 Pt. 13 Ch. 7 omitted (with effect in accordance with s. 47(15) of the amending Act) by virtue of Finance Act 2016 (c. 24), s. 47(2)

Tax credit: entitlement and payment U.K.

F7 1103 Entitlement to and payment of tax credit U.K.

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Textual Amendments

F7 Ss. 1103-1111 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 28

F7 1104 Meaning of “Chapter 7 surrenderable loss” U.K.

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Textual Amendments

F7 Ss. 1103-1111 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 28

F7 1105 Amount of trading loss which is “unrelieved” U.K.

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Textual Amendments

F7 Ss. 1103-1111 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 28

F7 1106 Tax credit only available where company is going concern U.K.

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Textual Amendments

F7 Ss. 1103-1111 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 28

Amount of tax credit U.K.

F7 1107 Amount of tax credit U.K.

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Textual Amendments

F7 Ss. 1103-1111 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 28

F7 1108 Total amount of company's PAYE and NIC liabilities U.K.

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Textual Amendments

F7 Ss. 1103-1111 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 28

Supplementary U.K.

F7 1109 Payment of tax credit U.K.

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Textual Amendments

F7 Ss. 1103-1111 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 28

F7 1110 Tax credit payment not income of company U.K.

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Textual Amendments

F7 Ss. 1103-1111 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 28

F7 1111 Restriction on losses carried forward where tax credit claimed U.K.

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Textual Amendments

F7 Ss. 1103-1111 omitted (with effect in accordance with Sch. 3 para. 38 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 3 para. 28

Tax avoidance U.K.

F1 1112 Artificially inflated claims for relief U.K.

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Textual Amendments

F1 Pt. 13 Ch. 7 omitted (with effect in accordance with s. 47(15) of the amending Act) by virtue of Finance Act 2016 (c. 24), s. 47(2)