# Finance (No. 2) Act 1945, Section 36: Research expenditure.


The provisions of Part IV of the Finance Act, 1944 (which provide for allowances for income tax purposes in respect of expenditure incurred on scientific research in connection with any trade) shall not apply for the purposes of excess profits tax . . . .

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Source: https://www.legislation.gov.uk/ukpga/Geo6/9-10/13/section/36 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-1945/section-36
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.