45 ICT expenditure incurred by small enterprisesU.K.
(1)Expenditure is first-year qualifying expenditure if—
(a)it is incurred on or before [F131st March 2004],
(b)it is incurred by a small enterprise,
(c)it is expenditure on information and communications technology, and
(d)it is not excluded by section 46 (general exclusions) [F2or subsection (4) below].
(2)“Expenditure on information and communications technology” means expenditure on items within any of the following classes.
Class A. Computers and associated equipment
This class covers—
(a)computers,
(b)peripheral devices designed to be used by being connected to or inserted in a computer,
(c)equipment (including cabling) for use primarily to provide a data connection between—
(i)one computer and another, or
(ii)a computer and a data communications network, and
(d)dedicated electrical systems for computers.
For this purpose “computer” does not include computerised control or management systems or other systems that are part of a larger system whose principal function is not processing or storing information.
Class B. Other qualifying equipment
This class covers—
(a)wireless application protocol telephones,
(b)third generation mobile telephones,
(c)devices designed to be used by being connected to a television set and capable of receiving and transmitting information from and to data networks, and
(d)other devices—
(i)substantially similar to those within paragraphs (a), (b) and (c), and
(ii)capable of receiving and transmitting information from and to data networks.
This is subject to any order under subsection (3).
Class C. Software
This class covers the right to use or otherwise deal with software for the purposes of any equipment within Class A or B.
(3)The Treasury may make provision by order—
(a)further defining the kinds of equipment within Class B, or
(b)adding further kinds of equipment to that class.
[F3(4)Expenditure on an item within Class C is not first-year qualifying expenditure under this section if the person incurring it does so with a view to granting to another person a right to use or otherwise deal with any of the software in question.]
Textual Amendments
F1 Words in s. 45(1)(a) substituted (10.7.2003) by Finance Act 2003 (c. 14) , s. 165
F2 Words in s. 45(1)(d) inserted (10.7.2003) by Finance Act 2003 (c. 14) , s. 166(2) (with s. 166(4) )
F3 S. 45(4) inserted (10.7.2003) by Finance Act 2003 (c. 14) , s. 166(3) (with s. 166(4) )