SCHEDULES
F1SCHEDULE 12Tax relief for expenditure on research and development
F1Part 1Entitlement to relief for R&D expenditure: large companies
F11Entitlement to relief under this Part
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F12Meaning of “large company" and “small or medium-sized enterprise"
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F13Qualifying R&D expenditure
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F14Qualifying expenditure on direct research and development
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F15Expenditure on research and development directly undertaken on company’s behalf
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F16Qualifying expenditure on contributions to independent research and development
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F1Part 2Entitlement to relief for R&D expenditure: work subcontracted to small or medium-sized enterprise
F17Entitlement to relief under this Part
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F18Qualifying sub-contracted R&D expenditure
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F19Expenditure on research and development directly undertaken by the SME
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F110Expenditure on research and development directly undertaken on SME’s behalf
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F1Part 2AEntitlement of SME to additional relief available to large companies
F1Entitlement to relief under this Part
F110A
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F1Qualifying additional Small or Medium-sized EnterpriseSME expenditure
F110B
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F1Capped SME expenditure
F110C
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F1Part 3The relief
F111Deduction in computing profits of trade
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F1Part 4Special provision for giving relief to insurance companies
F112Treated as large companies
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F113Entitlement to relief in respect of “I minus E" basis
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F1Part 5Supplementary provisions
F114Research and development expenditure of group companies
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F115Refunds of contributions to independent research and development etc
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F116Artificially inflated claims for deduction
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F1Part 6General provisions
F117Meaning of “relevant research and development”, “staffing costs”, “ software or consumable items ” , “relevant payments to the subjects of a clinical trial” and “qualifying expenditure on externally provided workers"
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F118Meaning of “qualifying body"
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F119Other definitions etc
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F120Transitional provision
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Sch. 12 repealed (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 536, Sch. 3 Pt. 1 (with Sch. 2 Pts. 1, 2)