[1045ZA R&D intensity condition]
Corporation Tax Act 2009 (2009 c 4) | Legislation

[1045ZA  R&D intensity condition]

[(1)     This section determines whether a company meets the R&D intensity condition in an accounting period for the purposes of sections 1044 and 1045.

(2)     If the company is not connected with another company, the company meets the condition if its relevant R&D expenditure for the period amounts to at least 30% of its total relevant expenditure for the period.

(3)     If the company is connected with at least one other company, the company meets the condition if the connected companies' relevant R&D expenditure for the period amounts to at least 30% of the connected companies' total relevant expenditure for the

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