Part 1 U.K.Income tax and corporation tax

Chapter 1 U.K.Reliefs for businesses etc

Research and development U.K.

2 New regime for research and development carried out by companies U.K.

Schedule 1—

(a) replaces the existing scheme for R&D expenditure credit,

(b) amends the existing scheme for R&D relief, and

(c) makes related provision.