# Corporation Tax Act 2009, Section 1042: “Relevant research and development”

Extent: E+W+S+N.I.

(1) In this Part “relevant research and development”, in relation to a company, means research and development—
(a) related to a trade carried on by the company, or
(b) from which it is intended that a trade to be carried on by the company will be derived.
(2) Research and development related to a trade carried on by a company includes—
(a) research and development which may lead to or facilitate an extension of the trade, and
(b) research and development of a medical nature which has a special relation to the welfare of workers employed in the trade.
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/1042 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-1042
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.