815 Election to exclude capital expenditure on software
Corporation Tax Act 2009 (2009 c 4) | Legislation

815  Election to exclude capital expenditure on software

(1)     If a company so elects in respect of capital expenditure by the company on computer software, this section applies to an intangible fixed asset held by the company so far as it represents the expenditure.

(2)     Chapter 2 (credits in respect of intangible fixed assets) does not apply to the asset, except

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