[F11217CFAdditional deduction for qualifying expenditureU.K.
(1)If video games tax relief is available to the company, it may (on making a claim) make an additional deduction in respect of qualifying expenditure on the video game.
(2)The deduction is made in calculating the profit or loss of the separate video game trade.
(3)In this Chapter “qualifying expenditure” means core expenditure on the video game that falls to be taken into account under Chapter 2 in calculating the profit or loss of the separate video game trade for tax purposes.
(4)The Treasury may by regulations—
(a)amend subsection (3), and
(b)provide that expenditure of a specified description is or is not to be regarded as qualifying expenditure.]
Textual Amendments
F1Pt. 15B inserted (for specified purposes and with effect in accordance with Sch. 17 para. 3 of the amending Act) by Finance Act 2013 (c. 29), Sch. 17 paras. 1, 2