Related Commentary  Related HMRC Manuals

438(1)  Expenditure on research and development includes all expenditure incurred for–

(a)carrying out research and development, or

(b)providing facilities for carrying out research and development.

438(2)  But it does not include expenditure incurred in the acquisition of–

(a)rights in research and development, or

(b)rights arising out of research and development.

438(3)  Nor does it include expenditure on the provision of a dwelling.

438(4)  But if–

(a)part of a building consists of a dwelling and the rest of the building is used for research and development, and

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