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Legislation
Corporation Tax Act 2009

Crossheading Qualifying expenditure and rate of credit

  • Section 1179FJ Expenditure that qualifies for credit
  • Section 1179FK Meaning of “core expenditure”
  • Section 1179FL Excluded expenditure: research and development and unpaid amounts
  • Section 1179FM Excluded expenditure: non-arm’s-length dealings with connected parties
  • Section 1179FN Percentage of qualifying expenditure translated into credit
  1. Qualifying expenditure and rate of credit
  2. Meaning of “core expenditure”

Section 1179FK | Meaning of “core expenditure”

From legislation.gov.uk

(1)Expenditure is “core expenditure” in relation to a video game if it is expenditure on designing, producing or testing the video game.

(2)But core expenditure does not include expenditure on—

(a)designing the initial concept for a video game, or

(b)debugging, or carrying out maintenance in connection with, a completed video game.

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