Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Corporation Tax Act 2009 section 1120
Qualifications to section 1119
Section 1120 modifies the standard EU definition of a small or medium-sized enterprise (SME) for the purposes of R&D tax relief, by raising the qualifying thresholds and removing a grace period that would otherwise apply when a company breaches those thresholds due to its relationship with partner or linked enterprises.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.