[1217JA “Qualifying expenditure”]
Corporation Tax Act 2009 (2009 c 4) | Legislation

[1217JA  “Qualifying expenditure”]

[(1)     In this Part “qualifying expenditure”, in relation to a theatrical production, means core expenditure (see section 1217GC) on the theatrical production that—

(a)     falls to be taken into account under sections 1217IA to 1217IF in calculating the profit or loss of the separate theatrical trade for tax purposes, and

(b)     is not excluded by subsection (2) [or (3)].

(2)     The following expenditure is excluded—

(a)     . . .

(b)     expenditure in respect of which the company [would be able to claim] relief under Part 13 (. . . relief

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