Finance Act 2013 (c. 29)

SCHEDULES

SCHEDULE 15 U.K. R&D expenditure credits

PART 3 U.K. Abolition of certain relief under Part 13 of CTA 2009

Consequential amendments U.K.

23 U.K. In Schedule 4 to CTA 2009 (index of defined expressions), omit the following entries— “ capped R&D expenditure (in Part 13) ”, “ qualifying Chapter 3 expenditure (in Part 13) ”, “ qualifying Chapter 4 expenditure (in Part 13) ”, and “ qualifying Chapter 5 expenditure (in Part 13) ”.

24 (1) CTA 2010 is amended as follows. U.K.

(2) In section 312 (ring fence expenditure supplement: qualifying pre-commencement expenditure), omit subsections (8) and (9).

(3) In section 1173, in Part 1 of the table in subsection (2), omit the entry relating to section 1083(5) of CTA 2009.

(4) In Schedule 1, omit paragraph 671.

25 U.K. In section 13 of F(No.3)A 2010, omit subsections (4) and (5).

26 (1) FA 2012 is amended as follows. U.K.

(2) In section 78(3), omit the entry relating to section 1080(2) of CTA 2009.

(3) In Schedule 16, omit paragraph 190.