Section 1217GB The UK expenditure conditionF1F7
United Kingdom
In this Part “UK expenditure” means expenditure on goods or services that are used or consumed in the United Kingdom.
Any apportionment of expenditure as between F5expenditure that is and is not UK expenditure expenditure for the purposes of this Part is to be made on a just and reasonable basis.
The Treasury may by regulations—
amend the percentage specified in subsection (1);
amend subsection (2).
See also sections 1217N and 1217NA (which are about the giving of relief provisionally on the basis that the F6UK expenditure condition will be met).
Annotations
Textual amendments
- F1
Pt. 15C inserted (17.7.2014 for specified purposes and with effect in accordance with Sch. 4 para. 16 of the amending Act, 22.8.2014 in so far as not already in force) by Finance Act 2014 (c. 26), Sch. 4 paras. 1, 16; S.I. 2014/2228, art. 2
- F2
Word in s. 1217GB(1) substituted (22.2.2024) by Finance Act 2024 (c. 3), Sch. 3 para. 5(1)(b)(i) (with Sch. 3 para. 11)
- F3
Word in s. 1217GB(1) substituted (22.2.2024) by Finance Act 2024 (c. 3), Sch. 3 para. 5(1)(b)(ii) (with Sch. 3 para. 11)
- F4
S. 1217GB(2) substituted (22.2.2024) by Finance Act 2024 (c. 3), Sch. 3 para. 5(1)(c) (with Sch. 3 para. 11)
- F5
Words in s. 1217GB(3) substituted (22.2.2024) by Finance Act 2024 (c. 3), Sch. 3 para. 5(1)(d) (with Sch. 3 para. 11)
- F6
Word in s. 1217GB(5) substituted (22.2.2024) by Finance Act 2024 (c. 3), Sch. 3 para. 5(1)(e) (with Sch. 3 para. 11)
- F7
Word in s. 1217GB heading substituted (22.2.2024) by Finance Act 2024 (c. 3), Sch. 3 para. 5(1)(a) (with Sch. 3 para. 11)
Notes on Part 15C
Modifications
- C1
Pt. 15C modified (with application in accordance with s. 17(1)(4) of the amending Act) by Finance Act 2022 (c. 3), s. 17(1)(4)