Capital Allowances Act 2001 (c. 2)

Modifications etc. (not altering text)

C1 S. 45H(2) modified (with effect in accordance with s. 167 of the amending Act) by Finance Act 2003 (c. 14) , Sch. 30 para. 7

Part 8 U.K. Patent allowances

Chapter 2 U.K. Qualifying expenditure

467 Qualifying expenditure U.K.

Expenditure is qualifying expenditure only if it is—

(a) qualifying trade expenditure, or

(b) qualifying non-trade expenditure.