# Finance Act 2024, Paragraph 8: Amendment of R&D exclusion

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

(1) In section 1217JA (expenditure qualifying for theatre relief), for subsection (2) substitute—
(a) in paragraph (a), for “is entitled to” substitute “would be able to claim”;
(b) in paragraph (b), for “has obtained” substitute “would be able to claim”.
(2) Those amendments have effect in relation to expenditure incurred on or after 1 April 2024.

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Source: https://www.legislation.gov.uk/ukpga/2024/3/schedule/3/paragraph/8 (the official version)
Page: https://openlegislation.uk/finance-act-2024/schedule-3/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.