Search Legislation

Finance Act 2003

 Help about what version

What Version

 Help about opening options

Opening OptionsExpand opening options

Status:

This is the original version (as it was originally enacted).

Required minimum aggregate expenditure: reduction from £25,000 to £10,000

9(1)Paragraph 1 (entitlement to relief under Part 1 of the Schedule) is amended as follows.

(2)In sub-paragraph (1)(b) (requirement for minimum qualifying R&D expenditure of £25,000 or time apportioned part of that amount) in sub-paragraphs (i) and (ii) for “£25,000” substitute “£10,000”.

Back to top

Options/Help