- Latest available (Revised)
- Point in Time (01/10/2021)
- Original (As enacted)
Point in time view as at 01/10/2021.
There are currently no known outstanding effects for the Finance Act 2020, Paragraph 23.
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
23(1)Part 13 of CTA 2009 (additional relief for expenditure on research and development) is amended as follows.U.K.
(2)In section 1129 (qualifying expenditure on externally provided workers: connected persons) after subsection (4) insert—
“(4A)In subsection (2) the reference to the staff provision payment is to that payment before any deduction is made from the payment under—
(a)section 61S of ITEPA 2003,
(b)regulation 19 of the Social Security Contributions (Intermediaries) Regulations 2000, or
(c)regulation 19 of the Social Security Contributions (Intermediaries) (Northern Ireland) Regulations 2000.”
(3)In section 1131 (qualifying expenditure on externally provided workers: other cases) after subsection (2) insert—
“(3)In subsection (2) the reference to the staff provision payment is to that payment before any deduction is made from the payment under—
(a)section 61S of ITEPA 2003,
(b)regulation 19 of the Social Security Contributions (Intermediaries) Regulations 2000, or
(c)regulation 19 of the Social Security Contributions (Intermediaries) (Northern Ireland) Regulations 2000.”
(4)After section 1131 insert—
(1)This section applies if—
(a)a company makes a staff provision payment,
(b)the company is treated as making a payment of deemed direct earnings the amount of which is calculated by reference to the amount of the staff provision payment, and
(c)the company pays a secondary Class 1 national insurance contribution in respect of the payment of deemed direct earnings.
(2)In determining the company's qualifying expenditure on externally provided workers in accordance with section 1129(2) or section 1131(2) the amount of the staff payment provision is to be treated as increased by the amount of the contribution.
(3)In determining the company's qualifying expenditure on externally provided workers in accordance with section 1129(2) the aggregate of the relevant expenditure of each staff controller is to be treated as increased by the amount of the contribution.
(4)But subsection (2) does not apply to the extent that the expenditure incurred by the company in paying the contribution is met directly or indirectly by a staff controller.
(5)“A payment of deemed direct earning” means a payment the company is treated as making by reason of regulation 14 of the Social Security Contributions (Intermediaries) Regulations 2000 or regulation 14 of the Social Security Contributions (Intermediaries) (Northern Ireland) Regulations 2000.”
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Point in Time: This becomes available after navigating to view revised legislation as it stood at a certain point in time via Advanced Features > Show Timeline of Changes or via a point in time advanced search.
Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.
Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: