12Part 13 of CTA 2009 (additional relief for expenditure on research and development) is amended as follows.
13(1)Section 1039 (overview of Part) is amended as follows.
(2)In subsection (3)—
(a)for “Chapters 2 to 4” substitute “Chapter 2”;
(b)omit paragraphs (b) and (c).
(3)Omit subsection (4).
(4)In subsection (5)—
(a)for “Chapters 2 to 5” substitute “Chapter 2”;
(b)omit paragraphs (b) and (c).
14Omit Chapter 3 (relief for SMEs: R&D sub-contracted to SME).
15Omit Chapter 4 (relief for SMEs: subsidised and capped expenditure on R&D).
16Omit Chapter 5 (relief for large companies).
17(1)Section 1081 (insurance companies treated as large companies) is amended as follows.
(2)In subsection (2), for “Chapters 2 to 5” substitute “Chapter 2”.
(3)Omit subsection (3).
18Omit section 1082 (R&D expenditure of group companies).
19Omit section 1083 (refunds of expenditure treated as income chargeable to tax).
20(1)Section 1084 (artificially inflated claims for relief or tax credit) is amended as follows.
(2)In subsection (2)(a), for “Chapters 2 to 5” substitute “Chapter 2”.
(3)In subsection (3)(a) and (b), for “Chapters 2 to 5” substitute “Chapter 2”.
21In section 1119 (meaning of “small or medium-sized enterprise”), in subsection (3), for “Chapters 2 to 5” substitute “Chapter 2”.
22In section 1133 (meaning of “sub-contractor” etc), in subsection (3), omit “section 1072(1)(a),”.
23In Schedule 4 to CTA 2009 (index of defined expressions), omit the following entries—
“capped R&D expenditure (in Part 13)”,
“qualifying Chapter 3 expenditure (in Part 13)”,
“qualifying Chapter 4 expenditure (in Part 13)”, and
“qualifying Chapter 5 expenditure (in Part 13)”.
24(1)CTA 2010 is amended as follows.
(2)In section 312 (ring fence expenditure supplement: qualifying pre-commencement expenditure), omit subsections (8) and (9).
(3)In section 1173, in Part 1 of the table in subsection (2), omit the entry relating to section 1083(5) of CTA 2009.
(4)In Schedule 1, omit paragraph 671.
25In section 13 of F(No.3)A 2010, omit subsections (4) and (5).
26(1)FA 2012 is amended as follows.
(2)In section 78(3), omit the entry relating to section 1080(2) of CTA 2009.
(3)In Schedule 16, omit paragraph 190.