SCHEDULES

SCHEDULE 12Tax relief for expenditure on research and development

Part 6General provisions

F1Meaning of “relevant research and development”, “staffing costs”, “ F2software or consumable items ” and “qualifying expenditure on externally provided workers"

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The following provisions of Schedule 20 to the Finance Act 2000 (c. 17) (tax relief for R&D expenditure of small and medium-sized enterprises) apply for the purposes of this Schedule as they apply for the purposes of that Schedule—

(a)

paragraph 4 (relevant research and development);

(b)

paragraph 5 (staffing costs); F3...

(c)

paragraph 6 (expenditure on F2software or consumable items )F4; and

(d)

paragraphs 8A to 8E (qualifying expenditure on externally provided workers).