F1PART 8BTrading profits taxable at the Northern Ireland rate
CHAPTER 9Research and development expenditure
Chapter 1A of Part 13 of CTA 2009
357PAR&D expenditure credit F2...
(1)
This section applies where—
(a)
a company is entitled to an R&D expenditure credit under F3Chapter 1A of Part 13 of CTA 2009 (R&D expenditure credits) for an accounting period in relation to a qualifying trade, and
(b)
the company is a Northern Ireland company in the period.
(2)
The R&D expenditure credit forms part of the mainstream profits or mainstream losses of the trade.