Part 4: Income tax, corporation tax and capital gains tax Section 31: R&D expenditure credits: ineligible companies Details of the section
Subsection (1) introduces the amendment to Corporation Tax Act (CTA) 2009.
	Subsection (2) inserts a new subsection 7A to section 104A CTA 2009. Subsection 7A in turn introduces new section 104WA which contains provision about companies that are ineligible to claim the RDEC.
	Subsection (3) inserts new section 104WA after section 104W CTA 2009.