xmlns:atom="http://www.w3.org/2005/Atom"

SCHEDULES

SCHEDULE 3Relief for expenditure on R&D

Abolition of vaccine research relief for SMEs

31(1)Chapter 8 (cap on aid for R&D) is amended as follows.

(2)In section 1113 (cap on R&D aid under Chapter 2 or 7), in subsection (4)(b), omit “SMEs and”.

(3)In section 1115 (“the tax credits”), in subsection (1), omit “or 7”.