{
  "url": "https://openlegislation.uk/finance-act-2025/section-30",
  "json_url": "https://openlegislation.uk/finance-act-2025/section-30.json",
  "legislation": "ukpga/2025/8",
  "legislation_title": "Finance Act 2025",
  "legislation_url": "https://openlegislation.uk/finance-act-2025",
  "path": "section/30",
  "kind": "section",
  "number": "30",
  "heading": "Research and development intensity condition: transitional provision",
  "text": "(1) In paragraph 21 of Schedule 1 to FA 2024 (higher rate of payable credit for R&D-intensive SMEs between 1 April 2023 and 1 April 2024), for sub-paragraph (4) substitute—\n“(4) But that section is to be read for the purposes of sub-paragraph (3) as if—\n(a) in subsections (2) and (3), for “30%” there were substituted “40%”;\n(b) in subsection (7), for paragraph (b) there were substituted—\n“(b) it is expenditure in respect of which the company is entitled to relief under this Chapter or Chapter 6A of Part 3 for the period.””\n(2) The amendment made by this section is to be treated as always having had effect.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2025/8/section/30",
    "retrieved_at": "2026-10-29T08:47:01.939707+00:00",
    "licence": "OGL-UK-3.0",
    "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
    "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
  }
}