Part 3

Income tax, corporation tax and capital gains tax
Chapter 2

Other provisions

New reliefs

Tax relief for expenditure on research and development
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1
Schedule 12 to this Act has effect for accounting periods ending on or after 1st April 2002.
2
In that Schedule—
- Part 1 makes provision about tax relief for large companies on expenditure on research and development;
- Part 2 makes provision about tax relief for small companies on expenditure on research and development that is sub-contracted to them;
- Parts 3 to 6 make provision about the form of the relief, special provision about insurance companies and supplementary and general provision.