SCHEDULES

C1SCHEDULE 12Tax relief for expenditure on research and development

Annotations:
Modifications etc. (not altering text)
C1

Sch. 12 modified (with effect as specified in art. 2 of the commencing S.I. of the commencing S.I.) by Finance Act 2004 (c. 12), s. 53(2)(6); S.I. 2004/3268, art. 2

Part 6General provisions

19Other definitions etc

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.