SCHEDULES

SCHEDULE 3Claims for relief for research and development

Claims to be included in return

2

(1)

Paragraph 10 (other claims and elections to be included in return) is amended as follows.

(2)

In sub-paragraph (2) (claims to which Part 8, 9 or 9A of Schedule 18 applies) for “R&D tax credit” substitute “ R&D tax relief ”.

(3)

After sub-paragraph (2A) insert—

“(2B)

A claim to which Part 9BA of this Schedule applies (claims for relief under Schedule 12 to the Finance Act 2002) can only be made by being included in a company tax return (see paragraph 83LB).”

(4)

In sub-paragraph (3) (claims to which Part 9C of Schedule 18 applies) for “tax credits under Schedule 13 to the Finance Act 2002” substitute “ tax relief under Schedule 13 to the Finance Act 2002 ”.