Qualifying Expenditure definition

Qualifying Expenditure means, in respect of any Accounting Year or Accounting Half- Year, the aggregate of the costs, expenses and fees described in paragraph 1 of Annex 2 which are incurred during that Accounting Year or Accounting Half-Year, calculated in accordance with paragraphs 2 and 3 of Annex 2;
Qualifying Expenditure means costs which we are satisfied have been reasonably and properly incurred and paid by you in delivering the Project, subject to the limitations in clause 21;
Qualifying Expenditure means, subject to the express provisions of this Schedule, expenditure incurred in a basis period which is -

Examples of Qualifying Expenditure in a sentence

  • The Funding will be the sole property of the Applicant and will be used by the Applicant for Qualifying Expenditure only.

  • The Applicant shall not be entitled to use Receipts in relation to Qualifying Expenditure without first notifying the Agency.

  • The purchasing director contracting a temporary agency employee through a purchase order will send a copy of the document to the appropriate vice president, the executive director for human resources and the Union president.

  • The CPCA will pay Funding to the Applicant in respect of Qualifying Expenditure within 28 Working Days of receipt of a valid Claim.

  • This table sets out the total Qualifying Expenditure for the Funding Year, on a cash paid basis, net of all recoverable VAT, to the nearest £1.


More Definitions of Qualifying Expenditure

Qualifying Expenditure means an authorized payment from the
Qualifying Expenditure means expenditure of a description prescribed by regulations made by the Welsh Ministers.
Qualifying Expenditure means capital expenditure incurred on qualifying machinery or plant by a person carrying on a trade;
Qualifying Expenditure means expenditure incurred by the individual on qualifying work carried out by a qualifying contractor on a qualifying residence;
Qualifying Expenditure means expenditure—
Qualifying Expenditure means expenditure incurred by an employer, carrying on a trade or a profession, on the construction of a qualifying premises;
Qualifying Expenditure means capital expenditure incurred during the relevant period on the provision or construction, as the case may be, of qualifying capital items;