F1PART 8BTrading profits taxable at the Northern Ireland rate
Annotations:
Amendments (Textual)
CHAPTER 9Research and development expenditure
Chapter 6A of Part 3 of CTA 2009
357PAR&D expenditure credit under Chapter 6A of Part 3 of CTA 2009
1
This section applies where—
a
a company is entitled to an R&D expenditure credit under Chapter 6A of Part 3 of CTA 2009 (R&D expenditure credits) for an accounting period in relation to a qualifying trade, and
b
the company is a Northern Ireland company in the period.
2
The R&D expenditure credit forms part of the mainstream profits or mainstream losses of the trade.
Pt. 8B inserted (with effect in accordance with s. 5 of the amending Act) by Corporation Tax (Northern Ireland) Act 2015 (c. 21), s. 1