Section 1179FL — Corporation Tax Act 2009: Excluded expenditure: research and development and unpaid amounts

Excluded expenditure: research and development and unpaid amounts 1179FL 1 Expenditure is excluded expenditure to the extent that the development company would, in respect of the expenditure, be able to claim—

a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b relief under Part 13 (relief in respect of expenditure on research and development).

2 Expenditure is excluded expenditure for an accounting period to the extent that it is not paid before the end of the period of four months beginning with the first day after the final day of the accounting period.