Skip to content
Solved

CIRD20130 | Reinvestment relief: general matters and conditions to be satisfied: by new asset: must be 'chargeable intangible asset'

From HM Revenue & Customs · Corporate Intangibles Research and Development Manual

To qualify for relief the reinvestment must be in assets that count as ‘chargeable intangible assets’ (see CIRD20035) in the hands of the company incurring the expenditure immediately after the expenditure is incurred.