Part 8

Patent allowances
Chapter 2

Qualifying expenditure

Qualifying expenditure
467
Expenditure is qualifying expenditure only if it is—
a
qualifying trade expenditure, or
b
qualifying non-trade expenditure.
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