Schedule 31 | Tax relief for expenditure on research and development ^F1

Part 1Small and medium-sized enterprises: Schedule 20 to Finance Act 2000

Introductory

(1)Repealed

Required minimum aggregate expenditure: reduction from £25,000 to £10,000

(2)Repealed

Required minimum aggregate expenditure: inclusion of new class of expenditure

(3)Repealed

Qualifying R&D expenditure: expenditure on externally provided workers

(4)Repealed

Staffing costs: persons partly engaged directly and actively in relevant R&D

(5)Repealed

Qualifying expenditure on externally provided workers

(6)Repealed

Qualifying expenditure on sub-contracted R&D: externally provided workers

(7)Repealed

Part 2Large companies: Part 1 of Schedule 12 to Finance Act 2002

Introductory

(8)Repealed

Required minimum aggregate expenditure: reduction from £25,000 to £10,000

(9)Repealed

Qualifying expenditure on externally provided workers

(10)Repealed

Part 3Work sub-contracted to SMEs: Part 2 of Schedule 12 to Finance Act 2002

Introductory

(11)Repealed

Required minimum aggregate expenditure: reduction from £25,000 to £10,000

(12)Repealed

Required minimum aggregate expenditure: inclusion of new class of expenditure

(13)Repealed

R&D directly undertaken by SME: qualifying expenditure on externally provided workers

(14)Repealed

Part 4Entitlement of SME to certain relief available to large companies

Insertion of Part 2A of Schedule 12 to the Finance Act 2002

(15)Repealed

Part 5Supplementary: amendments to Parts 3 to 6 of Schedule 12 to Finance Act 2002

Introductory

(16)Repealed

Deduction in computing profits of trade

(17)Repealed

Refunds of contributions to independent research and development

(18)Repealed

Meaning of “qualifying expenditure on externally provided workers”

(19)Repealed

Part 6Expenditure on vaccine research etc: Schedule 13 to Finance Act 2002

Introductory

(20)Repealed

Reduction of required qualifying expenditure from £25,000 to £10,000

(21)Repealed

Direct research and development: qualifying expenditure on externally provided workers

(22)Repealed

Meaning of “qualifying expenditure on externally provided workers”

(23)Repealed

Relevant expenditure of sub-contractor: qualifying expenditure on externally provided workers

(24)Repealed