23.3 During the year to 31 March 2017, a company which qualifies as medium-sized spends 180,000 on...

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23.3 During the year to 31 March 2017, a company which qualifies as medium-sized spends

£180,000 on research and development. This is qualifying expenditure under the R&D tax relief scheme. Explain the corporation tax treatment of this expenditure.

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