Related HMRC Manuals

357BLE(1)  In section 357BLA, the companyʼs “qualifying expenditure on the acquisition of relevant qualifying IP rights” means the expenditure incurred by the company in making during the relevant period payments within any of subsections (2), (3) and (4).

357BLE(2)  A payment is within this subsection if it is made to a person in respect of the assignment by that person to the company of a relevant qualifying IP right.

357BLE(3)  A payment is within this subsection if it is made to a person in respect of the grant or transfer by that person to the company of an exclusive licence in respect of a relevant qualifying IP right.

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