SCHEDULES
SCHEDULE 12Tax relief for expenditure on research and development
Part 6General provisions
Other definitions etc
19
(1)
In this Schedule—
“life assurance business” has the meaning given in section 431(2) of the Taxes Act 1988;
“research and development” has the meaning given by section 837A of the Taxes Act 1988.
(2)
Section 839 of the Taxes Act 1988 (connected persons) applies for the purposes of this Schedule.