SCHEDULES
SCHEDULE 17Minor amendments of or connected with the Income Tax (Earnings and Pensions) Act 2003
Tax relief for expenditure on R&D or remediation of contaminated land: staff costs
7
1
In Schedule 20 to the Finance Act 2000 (c. 17) (tax relief for expenditure on research and development), in paragraph 5 (staffing costs)—
a
in sub-paragraph (1), for paragraph (a) substitute—
a
the emoluments paid by the company to directors or employees of the company, including all salaries, wages, perquisites and profits whatsoever other than benefits in kind;
b
omit sub-paragraph (1ZA).
2
In Schedule 22 to the Finance Act 2001 (c. 9) (remediation of contaminated land), in paragraph 5 (employee costs)—
a
in sub-paragraph (1), for paragraph (a) substitute—
a
the emoluments paid by the company to directors or employees of the company, including all salaries, wages, perquisites and profits whatsoever other than benefits in kind;
b
omit sub-paragraph (1A).
3
These amendments have effect in relation to expenditure incurred on or after 1st April 2004.