Finance (No. 2) Act 2023 (c. 30)

Schedules

Schedule 1 Relief for research and development

Part 2 R&D expenditure on data and cloud computing

Relief for R&D expenditure on data and cloud computing: consequential amendments

9 In section 357BLB of CTA 2010 (qualifying expenditure on relevant R&D undertaken in-house)—

(a) in subsection (2), in paragraph (b), after “software” insert “, data licences, cloud computing services”;

(b) in subsection (7)—

(i) in paragraph (c), after “software” insert “, data licences, cloud computing services”;

(ii) in paragraph (d), after “software” insert “, data licences, cloud computing services”.