Explanatory Notes

Corporation Tax Act 2009

2009 CHAPTER 4

26 March 2009

Commentary on Sections

Part 13: Additional relief for expenditure on research and development

Overview

Chapter 1: Introduction
Section 1040: Relief may be available under more than one Chapter of Part

2701.This section confirms that “double relief” may be available in certain circumstances. It is based on paragraphs 7 and 10A of Schedule 12 to FA 2002 and paragraph 1 of Schedule 13 to FA 2002.