Part 7 Know-how allowances
Chapter 3 Allowances and charges
461 Unrelieved qualifying expenditure
1
A person has unrelieved qualifying expenditure to carry forward from a chargeable period if for that period AQE exceeds TDV.
2
The amount of the unrelieved qualifying expenditure is—
a
the excess less the writing-down allowance made for the period, or
b
if no writing-down allowance is claimed for the period, the excess.
3
No amount may be carried forward as unrelieved qualifying expenditure from the final chargeable period.