Finance Act 2003 (c. 14)

SCHEDULES

SCHEDULE 31 U.K. Tax relief for expenditure on research and development

Part 5 U.K. Supplementary: amendments to Parts 3 to 6 of Schedule 12 to Finance Act 2002

Meaning of “qualifying expenditure on externally provided workers” U.K.

19 (1) Paragraph 17 (which applies certain definitions from Schedule 20 to the Finance Act 2000 (c. 17)) is amended as follows. U.K.

(2) Omit the word “and” immediately preceding paragraph (c).

(3) At the end of paragraph (c) add “; and

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

(4) The heading to the paragraph accordingly becomes—

“Meaning of “relevant research and development”, “staffing costs”, “consumable stores” and “qualifying expenditure on externally provided workers” U.K.

   ”.