# Finance Act 2024, Section 2: New regime for research and development carried out by companies

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

Schedule 1—
(a) replaces the existing scheme for R&D expenditure credit,
(b) amends the existing scheme for R&D relief, and
(c) makes related provision.

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Source: https://www.legislation.gov.uk/ukpga/2024/3/section/2 (the official version)
Page: https://openlegislation.uk/finance-act-2024/section-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.