Section 1217CG — Corporation Tax Act 2009: Amount of additional deduction

Amount of additional deduction 1217CG 1 For the first period of account during which the separate video game trade is carried on, the amount of the additional deduction is— E where E is—

so much of the qualifying expenditure as is European expenditure , or if less, 80% of the total amount of qualifying expenditure.

2 For any period of account after the first, the amount of the additional deduction is given by— E − P where— E is—

so much of the qualifying expenditure incurred to date as is European expenditure , or if less, 80% of the total amount of qualifying expenditure incurred to date, and P is the total amount of the additional deductions given for previous periods.

3 The Treasury may by regulations amend this section.