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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. Percentage of qualifying expenditure translated into credit

Section 1179FN | Percentage of qualifying expenditure translated into credit

From legislation.gov.uk

(1)In relation to a qualifying video game, the relevant percentage for the purposes of step 5 in section 1179CA(1) is 34%.

(2)The Treasury may by regulations replace the percentage for the time being specified in subsection (1) with a different percentage.

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