{
  "url": "https://openlegislation.uk/finance-no-2-act-2023/schedule-1/paragraph-11",
  "json_url": "https://openlegislation.uk/finance-no-2-act-2023/schedule-1/paragraph-11.json",
  "legislation": "ukpga/2023/30",
  "legislation_title": "Finance (No. 2) Act 2023",
  "legislation_url": "https://openlegislation.uk/finance-no-2-act-2023",
  "path": "schedule/1/paragraph/11",
  "kind": "paragraph",
  "number": "11",
  "heading": "Power of HMRC to collect overpaid R&D tax relief or expenditure credit",
  "text": "In paragraph 52 (recovery of excessive repayments etc)—\n(a) in sub-paragraph (2) omit paragraphs (bza) and (ba);\n(b) for sub-paragraph (2A) substitute—\n“(2A) The provisions of paragraphs 41 and 45 to 48 relating to discovery assessments apply to an amount paid to a company by way of—\n(a) first-year tax credit under Schedule A1 to the Capital Allowances Act;\n(b) R&D expenditure credit under Chapter 6A of Part 3 of the Corporation Tax Act 2009;\n(c) R&D tax credit under Chapter 2 or 7 of Part 13 of that Act,\nbut only to the extent that the company was not, or is no longer, entitled to the credit.”",
  "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/2023/30/schedule/1/paragraph/11",
    "retrieved_at": "2026-10-29T08:52:11.242356+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "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."
}