SCHEDULES

SCHEDULE 15R&D expenditure credits

PART 2Consequential amendments

FA 1998

6

1

Paragraph 52 (recovery of excessive repayments etc) is amended as follows.

2

In sub-paragraph (2), after paragraph (b) insert—

bza

R&D expenditure credit under Chapter 6A of Part 3 of the Corporation Tax Act 2009,

3

In sub-paragraph (5)—

a

after paragraph (a) insert—

aa

an amount of R&D expenditure credit paid to a company for an accounting period,

b

after “paragraph (a),” insert “ (aa), ”.