SCHEDULES

SCHEDULE 3 U.K.Abolition of benefits: consequential amendments

Prospective

Corporation Tax Act 2009 (c. 4) U.K.

27 U.K.The Corporation Tax Act 2009 is amended as follows.

28 U.K.In section 1059 (relief relating to SME R&D: total amount of company's PAYE and NICs liabilities), in subsection (5) after “sick pay” there is inserted “ or ”.

29 U.K.In section 1108 (relief relating to vaccine research etc: total amount of company's PAYE and NICs liabilities), in subsection (5) after “sick pay” there is inserted “ or ”.