Paragraph 12 CTA 2009I1

United Kingdom

(1)

CTA 2009 is amended as follows.

(2)

In Part 14A (inserted by paragraph 1 of Schedule 2)—

(a)

in section 1179DT (expenditure attracting R&D relief not eligible for audiovisual expenditure credit), omit paragraph (a);

(b)

in section 1179FL (expenditure attracting R&D relief not eligible for video game expenditure credit), omit paragraph (a).

(3)

In section 1195(3A) (expenditure attracting R&D relief or television relief not eligible for film tax relief)—

(a)

in paragraph (a), for “Chapter 6A of Part 3” substitute “Chapter 1A of Part 13”;

(b)

in paragraph (b), for “Part 13 (additional relief for expenditure on research and development)” substitute “Chapter 2 of Part 13 (relief for loss-making, R&D-intensive SMEs)”.

(4)

In section 1216C(4) (expenditure attracting R&D relief not eligible for television relief)—

(a)

in paragraph (a), for “Chapter 6A of Part 3” substitute “Chapter 1A of Part 13”;

(b)

in paragraph (b), for “Part 13 (additional relief for expenditure on research and development)” substitute “Chapter 2 of Part 13 (relief for loss-making, R&D-intensive SMEs)”.

(5)

In section 1217C(4) (expenditure attracting R&D relief not eligible for video game relief)—

(a)

in paragraph (a), for “Chapter 6A of Part 3” substitute “Chapter 1A of Part 13”;

(b)

in paragraph (b), for “Part 13 (additional relief for expenditure on research and development)” substitute “Chapter 2 of Part 13 (relief for loss-making, R&D-intensive SMEs)”.

(6)

In section 1217JA(2) (expenditure attracting R&D relief not eligible for theatre relief)—

(a)

omit paragraph (a);

(b)

in paragraph (b), omit “additional”.

(7)

In section 1217RF(2) (expenditure attracting R&D relief or other creative sector relief not eligible for orchestra relief), omit paragraph (za) (inserted by paragraph 8 of Schedule 4).

(8)

In section 1218ZCG(2) (expenditure attracting R&D relief or other creative sector relief not eligible for museum and gallery exhibition relief)—

(a)

omit paragraph (a);

(b)

in paragraph (b), omit “additional”.

(9)

In section 1310(4) (orders and regulations subject to affirmative procedure)—

(a)

omit paragraph (zzza);

(b)

after paragraph (zb) insert—

“(zc)
section 1142(1)(e) (companies ineligible for R&D relief),”.

(10)

In Schedule 4 (index of defined expressions)—

(a)

omit the following entries—

“capped R&D expenditure (in Chapter 6A of Part 3)”;

“large company (in Chapter 6A of Part 3)”;

“payment period (in Chapter 6A of Part 3”;

“qualifying body (in Chapter 6A of Part 3)”;

“qualifying body (in Part 13)”;

“qualifying expenditure on sub-contracted R&D (in Chapter 6A of Part 3)”;

“qualifying R&D expenditure (in Chapter 6A of Part 3)”;

“relevant payment to the subject of a clinical trial (in Chapter 6A of Part 3)”;

“relevant research and development (in Chapter 6A of Part 3)”;

“research and development (in Chapter 6A of Part 3)”;

“software, data licences, cloud computing services or consumable items (in Chapter 6A of Part 3)”;

“staffing costs (in Chapter 6A of Part 3)”;

“sub-contractor payment (and sub-contractor) (in Part 13)”;

“subsidised expenditure (in Part 13)”;

“subsidised qualifying expenditure (in Chapter 6A of Part 3)”;

(b)

at the appropriate places insert—

“
contracted out (and related expressions) (in Part 13) section 1133
”;

“
contractor payment (in Part 13) section 1133
”;

“
group (in Part 13) section 1140A
”;

“
ineligible company (in Part 13) section 1142
”.

Annotations

Commencement

I1: Sch. 1 para. 12: amendments have effect in relation to accounting periods beginning on or after 1.4.2024 by 2024 c. 3, Sch. 1 para. 16; S.I. 2024/286, reg. 2