SCHEDULES
SCHEDULE 31Tax relief for expenditure on research and development
Part 1Small and medium-sized enterprises: Schedule 20 to Finance Act 2000
Staffing costs: persons partly engaged directly and actively in relevant R&D
I15
1
In paragraph 5 (staffing costs) sub-paragraph (3) (person partly engaged in relevant research and development) is amended as follows.
2
In the opening words, omit “the following rules apply”.
3
Omit paragraphs (a) and (b) (person spending less than 20% or more than 80%of total working time on relevant research and development).
4
In paragraph (c), omit “in any other case,”.