{
  "url": "https://openlegislation.uk/corporation-tax-act-2009/schedule-2/paragraph-112",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2009/schedule-2/paragraph-112.json",
  "legislation": "ukpga/2009/4",
  "legislation_title": "Corporation Tax Act 2009",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2009",
  "path": "schedule/2/paragraph/112",
  "kind": "paragraph",
  "number": "112",
  "heading": null,
  "text": "(1) In relation to expenditure incurred before 1 August 2008, Part 13 has effect with the following modifications.\n(2) In Chapter 2 (relief for SMEs: cost of R&D incurred by SME)—\n(a) in section 1044(8), for “75%” substitute “ 50% ”,\n(b) in section 1045(7), for “175%” substitute “ 150% ”,\n(c) in section 1055(2)(b), for “175%” substitute “ 150% ”, and\n(d) in section 1058(1)(a), for “14%” substitute “ 16% ”.\n(3) In Chapter 7 (relief for SMEs and large companies: vaccine research etc)—\n(a) in section 1089(2), for “40%” substitute “ 50% ”,\n(b) in section 1090(2), for “40%” substitute “ 50% ”,\n(c) in section 1091—\n(i) in subsection (3), for “40%” substitute “ 50% ”, and\n(ii) in subsection (4), for “140%” substitute “ 150% ”,\n(d) in section 1092(8)—\n(i) in paragraph (a), for “40%” substitute “ 50% ”, and\n(ii) in paragraph (b), for “140%” substitute “ 150% ”, and\n(e) in section 1104(5), for “140%” substitute “ 150% ”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/4/schedule/2/paragraph/112",
    "retrieved_at": "2026-10-29T09:11:19.560467+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}