Schedules

Schedule 1Relief for research and development

Part 2R&D expenditure on data and cloud computing

6Relief for R&D expenditure on data and cloud computing: consequential amendments

In Part 13 (additional relief for expenditure on R&D)—

a

in Chapter 2 (relief for SMEs: cost of R&D incurred by SME), in section 1052 (qualifying expenditure on in-house direct R&D), in subsection (2)(b), after “software” insert “, data licences, cloud computing services”;

b

in Chapter 9 (supplementary), in section 1134 (qualifying element of sub-contractor payment: connected persons), in subsection (3)(c), after “software” insert “, data licences, cloud computing services”.