[F11217CGAmount of additional deductionU.K.
(1)For the first period of account during which the separate video game trade is carried on, the amount of the additional deduction is—
where E is—
so much of the qualifying expenditure as is UK expenditure, or
if less, 80% of the total amount of qualifying expenditure.
(2)For any period of account after the first, the amount of the additional deduction is given by—
where—
E is—
so much of the qualifying expenditure incurred to date as is UK expenditure, or
if less, 80% of the total amount of qualifying expenditure incurred to date, and
P is the total amount of the additional deductions given for previous periods.
(3)The Treasury may by regulations amend this section.]
Textual Amendments
F1Pt. 15B inserted (for specified purposes and with effect in accordance with Sch. 17 para. 3 of the amending Act) by Finance Act 2013 (c. 29), Sch. 17 paras. 1, 2