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Corporation Tax Act 2009

▸ Part 1 – Introduction (ss A1-1)
  • Section A1 – Overview of the Corporation Tax Acts [CTA 2009 s A1]
  • Section 1 – Overview of Act [CTA 2009 s 1]
▸ Part 2 – Charge to corporation tax: basic provisions (ss 2-33)
  • ▸ Chapter 1 – The charge to corporation tax (ss 2-8)
    • Charge to tax on profits (ss 2-4)
    • General scheme of corporation tax (ss 5-8)
  • ▸ Chapter 2 – Accounting periods (ss 9-12)
    • Section 9 – Beginning of accounting period [CTA 2009 s 9]
    • Section 10 – End of accounting period [CTA 2009 s 10]
    • Section 11 – Companies with more than one accounting date [CTA 2009 s 11]
    • Section 12 – Companies being wound up [CTA 2009 s 12]
  • ▸ Chapter 3 – Company residence (ss 13-18)
    • Section 13 – Overview of Chapter [CTA 2009 s 13]
    • Section 14 – Companies incorporated in the United Kingdom [CTA 2009 s 14]
    • Section 15 – Continuation of residence established under common law [CTA 2009 s 15]
    • Section 16 – SEs which transfer registered office to the United Kingdom [CTA 2009 s 16]
    • Section 17 – SCEs which transfer registered office to the United Kingdom [CTA 2009 s 17]
    • Section 18 – Companies treated as non-UK resident under double taxation arrangements [CTA 2009 s 18]
  • ▸ Chapter 3A – UK Resident companies: profits of foreign permanent establishments (ss 18A-18S)
    • Exemption (ss 18A-18F)
    • Anti-diversion rule (ss 18G-18ID)
    • Companies with total opening negative amount (ss 18J-18O)
    • Special cases (ss 18P-18Q)
    • Interpretation (ss 18R-18S)
  • ▸ Chapter 4 – Non-UK resident companies: chargeable profits (ss 19-32)
    • Chargeable profits (ss 19-20)
    • The separate enterprise principle (ss 21-24)
    • The separate enterprise principle: application to non-UK resident banks (ss 25-28)
    • Rules about deductions (ss 29-32)
  • ▸ Chapter 5 – Supplementary (s 33)
    • Section 33 – Trade includes office [CTA 2009 s 33]
▸ Part 3 – Trading Income (ss 34-201)
  • ▸ Chapter 1 – Introduction (s 34)
    • Section 34 – Overview of Part [CTA 2009 s 34]
  • ▸ Chapter 2 – Income taxed as trade profits (ss 35-45)
    • Charge to tax on trade profits (s 35)
    • Trades and trade profits (ss 36-40B)
    • Starting and ceasing to trade (s 41)
    • Trading income and property income (ss 42-45)
  • ▸ Chapter 3 – Trade profits: basic rules (ss 46-52)
    • Section 46 – Generally accepted accounting practice [CTA 2009 s 46]
    • Section 47 – Losses calculated on same basis as profits [CTA 2009 s 47]
    • Section 48 – Receipts and expenses [CTA 2009 s 48]
    • Section 49 – Items treated as receipts and expenses [CTA 2009 s 49]
    • Section 49A – Money’s worth [CTA 2009 s 49A]
    • Section 50 – Animals kept for trade purposes [CTA 2009 s 50]
    • Section 51 – Relationship between rules prohibiting and allowing deductions [CTA 2009 s 51]
    • Section 52 – Apportionment etc. of profits and losses to accounting period [CTA 2009 s 52]
  • ▸ Chapter 4 – Trade profits: rules restricting deductions (ss 53-60A)
    • Section 53 – Capital expenditure [CTA 2009 s 53]
    • Section 54 – Expenses not wholly and exclusively for trade and unconnected losses [CTA 2009 s 54]
    • Section 55 – Bad debts [CTA 2009 s 55]
    • Section 56 – Car hire [CTA 2009 s 56]
    • Section 57 – Car hire: supplementary [CTA 2009 s 57]
    • Section 58 – Hiring cars (but not motor cycles) with low CO 2 emissions before 1 April 2013 [CTA 2009 s 58]
    • Section 58A – Short-term hiring in and long-term hiring out [CTA 2009 s 58A]
    • Section 58B – Connected persons: application of section 56 [CTA 2009 s 58B]
    • Section 59 – Patent royalties [CTA 2009 s 59]
    • Section 60 – Expenditure on integral features [CTA 2009 s 60]
    • Section 60A – Rental rebates [CTA 2009 s 60A]
  • ▸ Chapter 5 – Trade Profits: Rules Allowing Deductions (ss 61-92A)
    • Pre-trading expenses (s 61)
    • Tenants under taxed leases (ss 62-68)
    • Payments for restrictive undertakings (s 69)
    • Seconded employees (ss 70-71)
    • Contributions to agents' expenses (s 72)
    • Counselling and retraining expenses (ss 73-75)
    • Redundancy payments etc. (ss 76-81)
    • Contributions to local enterprise organisations or urban regeneration companies (ss 82-86)
    • Contributions to flood and coastal erosion risk management projects (ss 86A-86B)
    • Scientific research (ss 87-88)
    • Expenses connected with patents, designs and trade marks (ss 89-90)
    • Export Credits Guarantee Department (s 91)
    • Levies under FISMA 2000 (s 92)
    • Limited liability partnerships: salaried members (s 92A)
  • ▸ Chapter 6 – Trade profits: receipts (ss 93-104)
    • Capital receipts (s 93)
    • Debts released (s 94)
    • Amounts received following earlier cessation (s 95)
    • Reverse premiums (ss 96-100)
    • Other receipts (ss 101-104)
  • ▸ Chapter 6A – Trade profits: R&D expenditure credits (ss 104A-104Y)
    • Claims for credits (ss 104A-104BA)
    • SMEs: qualifying expenditure on sub-contracted R&D (ss 104C-104E)
    • SMEs: subsidised qualifying expenditure (ss 104F-104H)
    • SMEs: capped R&D expenditure (s 104I)
    • Large companies: qualifying R&D expenditure (ss 104J-104L)
    • Amount of credit (s 104M)
    • Payment of credit (ss 104N-104T)
    • Insurance companies (ss 104U-104V)
    • Group companies (s 104W)
    • Ineligible companies (s 104WA)
    • Anti-avoidance (s 104X)
    • Interpretation (s 104Y)
  • ▸ Chapter 7 – Trade profits: gifts to charities etc. (ss 105-108)
    • Relief for certain gifts (ss 105-107)
    • Benefits associated with gifts (s 108)
  • ▸ Chapter 8 – Trade profits: herd basis rules (ss 109-127)
    • Introduction (ss 109-111)
    • The herd basis rules (ss 112-121)
    • Elections (ss 122-124)
    • Preventing abuse of the herd basis rules (s 125)
    • Supplementary (ss 126-127)
  • ▸ Chapter 8A – Compensation for compulsory slaughter of animals (ss 127A-127G)
    • Section 127A – Application of Chapter 8A [CTA 2009 s 127A]
    • Section 127B – Right to make claim [CTA 2009 s 127B]
    • Section 127C – Book value [CTA 2009 s 127C]
    • Section 127D – Effect of claim for spreading of profits [CTA 2009 s 127D]
    • Section 127E – Adjustment: cessation of trading [CTA 2009 s 127E]
    • Section 127F – Time limits etc. for spreading claim [CTA 2009 s 127F]
    • Section 127G – Interpretation [CTA 2009 s 127G]
  • ▸ Chapter 9 – Trade profits: other specific trades (ss 128-155)
    • Dealers in securities etc. (ss 128-129)
    • Insurers (ss 130-130A)
    • Building societies (s 131)
    • Registered societies (s 132)
    • Credit unions (s 133)
    • Banking companies (ss 133A-133N)
    • Dealers in land etc. (ss 134-136)
    • Mineral exploration and access (s 137)
    • Companies liable to pool betting duty (s 138)
    • Intermediaries treated as making employment payments (ss 139-140)
    • Managed service companies (s 141)
    • Worker's services provided through intermediary to public authority or medium or large client (s 141A)
    • Waste disposal (ss 142-145)
    • Cemeteries and crematoria: interests in land (ss 146-149)
    • Crematoria: niches, memorials and inscriptions (ss 149A-149E)
    • Sound recordings (ss 150-152)
    • Reserves of marketing authorities etc. (ss 153-155)
  • ▸ Chapter 10 – Trade Profits: Changes in Trading Stock (ss 156-161)
    • Introduction (s 156)
    • Transfers of trading stock between trade and trader (ss 157-158)
    • Other disposals and acquisitions not made in the course of trade (ss 159-160)
    • Relationship with transfer pricing rules (s 161)
  • ▸ Chapter 11 – Trade Profits: Valuation of Stock on Cessation of Trade (ss162-171)
    • Section 162 – Valuation of trading stock on cessation [CTA 2009 s 162]
    • Section 163 – Meaning of "trading stock" [CTA 2009 s 163]
    • Section 164 – Basis of valuation of trading stock [CTA 2009 s 164]
    • Section 165 – Sale basis of valuation: sale to unconnected person [CTA 2009 s 165]
    • Section 166 – Sale basis of valuation: sale to connected person [CTA 2009 s 166]
    • Section 167 – Sale basis of valuation: election by connected persons [CTA 2009 s 167]
    • Section 168 – Connected persons [CTA 2009 s 168]
    • Section 169 – Cost to buyer of stock valued on sale basis of valuation [CTA 2009 s 169]
    • Section 170 – Meaning of "sale" and related expressions [CTA 2009 s 170]
    • Section 171 – Determination of questions [CTA 2009 s 171]
  • ▸ Chapter 12 – Deductions from profits: unremittable amounts (ss 172-175)
    • Section 172 – Application of Chapter [CTA 2009 s 172]
    • Section 173 – Relief for unremittable amounts [CTA 2009 s 173]
    • Section 174 – Restrictions on relief [CTA 2009 s 174]
    • Section 175 – Withdrawal of relief [CTA 2009 s 175]
  • ▸ Chapter 13 – Disposal and acquisition of know-how (ss 176-179)
    • Section 176 – Meaning of "know-how" etc [CTA 2009 s 176]
    • Section 177 – Disposal of know-how if trade continues to be carried on [CTA 2009 s 177]
    • Section 178 – Disposal of know-how as part of disposal of all or part of a trade [CTA 2009 s 178]
    • Section 179 – Seller controlled by buyer etc. [CTA 2009 s 179]
  • ▸ Chapter 14 – Adjustment on change of basis (ss 180-187)
    • Adjustment on change of basis (ss 180-182)
    • Expenses previously brought into account (s 183)
    • Realising or writing off assets (s 184)
    • Mark to market (ss 185-187)
  • ▸ Chapter 15 – Post-cessation receipts (ss 188-200)
    • Charge to tax on post-cessation receipts (ss 188-189)
    • Meaning of “post-cessation receipts” (ss 190-191)
    • Sums treated as post-cessation receipts (ss 192-194)
    • Sums that are not post-cessation receipts (s 195)
    • Deductions (ss 196-197)
    • Election to carry back (ss 198-200)
  • ▸ Chapter 16 – Priority rules (ss 201)
    • Section 201 – Provisions which must be given priority over this Part [CTA 2009 s 201]
▸ Part 4 – Property income (ss 202-291)
  • ▸ Chapter 1 – Introduction (ss 202)
    • Section 202 – Overview of Part [CTA 2009 s 202]
  • ▸ Chapter 2 – Property businesses (ss 203-208)
    • Introduction (ss 203-204)
    • Basic meaning of UK and overseas property business (ss 205-206)
    • Generating income from land (ss 207-208)
  • ▸ Chapter 3 – Profits of property businesses: basic rules (ss 209-214)
    • Charge to tax on profits of a property business (s 209)
    • Calculation of profits (ss 210-214)
  • ▸ Chapter 4 – Profits of property businesses: lease premiums etc. (ss 215-247)
    • Introduction (ss 215-216)
    • Amounts treated as receipts: leases (ss 217-223)
    • Other amounts treated as receipts (ss 224-226)
    • Additional calculation rule for reducing certain receipts (ss 227-230)
    • Deductions in relation to certain receipts (ss 231-234)
    • Limit on effect of additional calculation rule and deductions (s 235)
    • Certain administrative provisions (ss 236-239)
    • Determinations affecting liability of more than one person (ss 240-242)
    • Effective duration of lease (ss 243-245)
    • Other interpretative provisions (ss 246-247)
  • ▸ Chapter 5 – Profits of property businesses: other rules about receipts and deductions (ss 248-263)
    • Furnished accommodation: receipts and deductions (ss 248-248C)
    • Treatment of receipts on acquisition of business (s 249)
    • Reverse premiums as receipts (s 250)
    • Deduction for replacement of domestic items (s 250A)
    • Deductions for expenditure on energy-saving items (ss 251-253)
    • Deductions for expenditure on sea walls (ss 254-257)
    • Mineral royalties (s 258)
    • Apportionments on sale of land (s 259)
    • Mutual business (s 260)
    • Adjustment on change of basis (ss 261-262)
    • Integral features (s 263)
  • ▸ Chapter 6 – Commercial letting of furnished holiday accommodation (ss 264-269A)
    • Introduction (s 264)
    • Definition (ss 265-268A)
    • Separate profit calculations (ss 269-269A)
  • ▸ Chapter 7 – Rent receivable in connection with a UK section 39(4) concern (ss 270-276)
    • Charge to tax on rent receivable in connection with a UK section 39(4) concern (ss 270-271)
    • Management expenses of owner of mineral rights (s 272)
    • Mineral royalties (ss 273-276)
  • ▸ Chapter 8 – Rent receivable for UK electric-line wayleaves (ss 277-279)
    • Charge to tax on rent receivable for UK electric-line wayleaves (ss 277-279)
  • ▸ Chapter 9 – Post-cessation receipts (ss 280-286)
    • Charge to tax on post-cessation receipts (ss 280-281)
    • Meaning of “post-cessation receipts” (ss 282-284)
    • Deductions (s 285)
    • Election to carry back (s 286)
  • ▸ Chapter 10 – Supplementary (ss 287-291)
    • Priority rules (ss 287-288)
    • Other supplementary provisions (ss 289-291)
▸ Part 5 – Loan Relationships (ss 292-476)
  • ▸ Chapter 1 – Introduction (ss 292-301)
    • Introduction (ss 292-294)
    • How profits and deficits from loan relationships are dealt with (ss 295-301)
  • ▸ Chapter 2 – Basic definitions (ss 302-305)
    • Section 302 – "Loan relationship", "creditor relationship", "debtor relationship" [CTA 2009 s 302]
    • Section 303 – "Money debt" [CTA 2009 s 303]
    • Section 304 – "Related transaction" [CTA 2009 s 304]
    • Section 305 – Payments, interest, rights and liabilities under a loan relationship [CTA 2009 s 305]
  • ▸ Chapter 3 – The credits and debits to be brought into account: general (ss 306-334)
    • Introduction (s 306)
    • Matters in respect of which amounts are to be brought into account (s 306A)
    • General principles about the bringing into account of credits and debits (s 307)
    • Amounts recognised in determining a company's profit or loss (ss 308-312)
    • Accounting bases (ss 313-314)
    • Adjustments on change of accounting basis (ss 315-319)
    • Rules differing from generally accepted accounting practice (s 320-327)
    • Exchange gains and losses (ss 328-328H)
    • Pre-loan relationship, abortive and pre-trading expenses (ss 329-330)
    • Pre-commencement debits of property businesses etc. of non-UK resident companies (s 330ZA)
    • Company is not, or has ceased to be, party to loan relationship (ss 330A-330C)
    • Company ceasing to be party to loan relationship (ss 331-332)
    • Company moving abroad (ss 333-334)
  • ▸ Chapter 4 – Continuity of treatment on transfers within groups or on reorganisations (ss 335-347)
    • Application of this Chapter (ss 335-339)
    • Continuity of treatment: transfer of loan at notional carrying value (ss 340-343)
    • Transferee leaving group after replacing transferor as party to loan relationship (ss 344-347)
  • ▸ Chapter 5 – Connected companies relationships: introduction and general (ss 348-352B)
    • Section 348 – Introduction: meaning of "connected companies relationship" [CTA 2009 s 348]
    • Section 349 – Application of amortised cost basis to connected companies relationships [CTA 2009 s 349]
    • Section 350 – Companies beginning to be connected [CTA 2009 s 350]
    • Section 351 – Companies ceasing to be connected [CTA 2009 s 351]
    • Section 352 – Disregard of related transactions [CTA 2009 s 352]
    • Section 352A – Exclusion of credits on reversal of disregarded loss [CTA 2009 s 352A]
    • Section 352B – Eliminating tax mismatch for loan relationships with qualifying link [CTA 2009 s 352B]
  • ▸ Chapter 6 – Connected companies relationships: impairment losses and releases of debts (ss 353-363A)
    • Introduction (s 353)
    • Exclusion of debits for impaired or released connected companies debts (ss 354-357)
    • Exclusion of credits for connected companies debts on release or reversal of impairments (ss 358-360)
    • Deemed debt releases on impaired debts becoming held by connected company (ss 361-363A)
  • ▸ Chapter 7 – Group relief claims involving impaired or released consortium debts (ss 364-371)
    • Section 364 – Introduction to Chapter [CTA 2009 s 364]
    • Section 365 – Reduction of impairment loss debits where group relief claimed [CTA 2009 s 365]
    • Section 366 – Effect where credit for release brought into account on amortised cost basis [CTA 2009 s 366]
    • Section 367 – Reduction of credits exceeding impairment losses [CTA 2009 s 367]
    • Section 368 – Reduction of claims where there are earlier net consortium debits [CTA 2009 s 368]
    • Section 369 – Carry forward of claims where there are no net consortium debits [CTA 2009 s 369]
    • Section 370 – Group accounting periods [CTA 2009 s 370]
    • Section 371 – Interpretation [CTA 2009 s 371]
  • ▸ Chapter 8 – Connected parties relationships: late interest (ss 372-379)
    • Section 372 – Introduction to Chapter [CTA 2009 s 372]
    • Section 373 – Late interest treated as not accruing until paid in some cases [CTA 2009 s 373]
    • Section 374 – Connection between debtor and person standing in position of creditor [CTA 2009 s 374]
    • Section 375 – Loans to close companies by participators etc [CTA 2009 s 375]
    • Section 376 – Interpretation of section 375 [CTA 2009 s 376]
    • Section 377 – Party to loan relationship having major interest in other party [CTA 2009 s 377]
    • Section 378 – Loans by trustees of occupational pension schemes [CTA 2009 s 378]
    • Section 379 – Persons indirectly standing in the position of creditor [CTA 2009 s 379]
  • ▸ Chapter 9 – Partnerships involving companies (ss 380-385)
    • Section 380 – Partnerships involving companies [CTA 2009 s 380]
    • Section 381 – Determinations of credits and debits by company partners: general [CTA 2009 s 381]
    • Section 382 – Company partners using fair value accounting [CTA 2009 s 382]
    • Section 383 – Lending between partners and the partnership [CTA 2009 s 383]
    • Section 384 – Treatment of exchange gains and losses [CTA 2009 s 384]
    • Section 385 – Company partners’ shares where firm owns deeply discounted securities [CTA 2009 s 385]
  • ▸ Chapter 10 – Insurance companies (ss 386-394)
    • Introduction (s 386)
    • Treatment of deficit on basic life assurance and general annuity business (ss 387-391)
    • Exclusion of loan relationships of members of Lloyd's (ss 392-394)
  • ▸ Chapter 11 – Other special kinds of company (ss 395-397)
    • Investment trusts' and venture capital trusts' creditor relationships (ss 395-396)
    • Credit unions (s 397)
  • ▸ Chapter 12 – Special rules for particular kinds of securities (ss 398-420A)
    • Introduction (s 398)
    • Index-linked gilt-edged securities (ss 399-400C)
    • Other gilt-edged securities (ss 401-405)
    • Deeply discounted securities: connected companies and close companies (ss 406-412)
    • Funding bonds (ss 413-414)
    • Derivatives (ss 415-419)
    • Options etc. (s 420)
    • Hybrid capital instruments (s 420A)
  • ▸ Chapter 13 – European cross-border transfers of business (ss 421-430)
    • Introduction (s 421)
    • Transfers of loan relationships at notional carrying value (ss 422-425)
    • Exception for tax avoidance cases (ss 426-428)
    • Transparent entities (s 429)
    • Interpretation (s 430)
  • ▸ Chapter 14 – European cross-border mergers (ss 431-439)
    • Introduction (ss 431-432)
    • Transfers of loan relationships at notional carrying value (ss 433-436)
    • Exception for tax avoidance cases (s 437)
    • Transparent entities (s 438)
    • Interpretation (s 439)
  • ▸ Chapter 15 – Tax avoidance (ss 440-455D)
    • Introduction (s 440)
    • Unallowable purposes and tax relief schemes (ss 441-443)
    • Transactions not at arm's length: general (ss 444-446)
    • Non-market loans (s 446A)
    • Transactions not at arm's length: exchange gains and losses (ss 447-452)
    • Transactions not at arm's length: exchange gains and losses (s 453)
    • Tax advantages from resetting interest rates (“reset bonds”) (s 454)
    • Disposals for consideration not fully recognised by accounting practice (s 455)
    • Derecognition (s 455A)
    • Counteracting avoidance arrangements (ss 455B-455D)
  • ▸ Chapter 16 – Non-trading deficits [: pre-1 April 2017 deficits and charities] (ss 456-463)
    • Section 456 – Introduction to Chapter [CTA 2009 s 456]
    • Section 457 – Basic rule for deficits: carry forward to accounting periods after deficit period [CTA 2009 s 457]
    • Section 458 – Claim to carry forward deficit to later accounting periods [CTA 2009 s 458]
    • Section 459 – Claim to set off deficit against profits of deficit period or earlier periods [CTA 2009 s 459]
    • Section 460 – Time limits and procedure for claims under section 459(1) [CTA 2009 s 460]
    • Section 461 – Claim to set off deficit against other profits for the deficit period [CTA 2009 s 461]
    • Section 462 – Claim to carry back deficit to earlier accounting periods [CTA 2009 s 462]
    • Section 463 – Profits available for relief under section 462 [CTA 2009 s 463]
  • ▸ Chapter 16A – Non-trading deficits: post 1 April 2017 deficits (ss 463A-463I)
    • Section 463A – Introduction to Chapter [CTA 2009 s 463A]
    • Section 463B – Claim to set off deficit against profits of deficit period or earlier periods [CTA 2009 s 463B]
    • Section 463C – Time limits for claims under section 463B(1) [CTA 2009 s 463C]
    • Section 463D – Claim to set off deficit against profits for the deficit period [CTA 2009 s 463D]
    • Section 463E – Claim to carry back deficit to earlier periods [CTA 2009 s 463E]
    • Section 463F – Profits available for relief under section 463E [CTA 2009 s 463F]
    • Section 463G – Carry forward of unrelieved deficit against total profits [CTA 2009 s 463G]
    • Section 463H – Carry forward of unrelieved deficit against non-trading profits [CTA 2009 s 463H]
    • Section 463I – Re-application of section 463G if any deficit remains after previous application [CTA 2009 s 463I]
  • ▸ Chapter 17 – Priority rules (ss 464-465)
    • Section 464 – Priority of this Part for corporation tax purposes [CTA 2009 s 464]
    • Section 465 – Exclusion of distributions except in tax avoidance cases [CTA 2009 s 465]
  • ▸ Chapter 18 – General and supplementary provisions (ss 465A-476)
    • Changes in accounting standards (s 465A)
    • Tax-adjusted carrying value (s 465B)
    • Connections between persons (ss 466-475)
    • Meaning of “hedging relationship” (s 475A)
    • Meaning of “matched” (s 475B)
    • Meaning of “hybrid capital instrument” (s 475C)
    • Other general definitions (s 476)
▸ Part 6 – Relationships treated as loan relationships etc (ss 477-569)
  • ▸ Chapter 1 – Introduction (s 477)
    • Section 477 – Overview of Part [CTA 2009 s 477]
  • ▸ Chapter 2 – Relevant non-lending relationships (ss 478-486)
    • Introduction: meaning of “relevant non-lending relationship” etc. (ss 478-480)
    • Application of Part 5 to relevant non-lending relationships (ss 481-482)
    • Meaning of “money debt” and “interest” in this Chapter (ss 483-484)
    • Exclusions (ss 485-486)
  • ▸ Chapter 2A – Disguised interest (ss 486A-486E)
    • Section 486A – Overview [CTA 2009 s 486A]
    • Section 486B – Disguised interest to be regarded as profit from loan relationship [CTA 2009 s 486B]
    • Section 486C – Exclusion where return otherwise taxable [CTA 2009 s 486C]
    • Section 486D – Exclusion where arrangement has no tax avoidance purpose [CTA 2009 s 486D]
    • Section 486E – Excluded shares [CTA 2009 s 486E]
  • ▸ Chapter 2B – Transferred income streams (ss 486F-486G)
    • Section 486F – Introduction to Chapter [CTA 2009 s 486F]
    • Section 486G – Consideration to be treated as loan relationship [CTA 2009 s 486G]
  • ▸ Chapter 3 – OEICs, unit trusts and offshore funds (ss 487-497)
    • Introduction (ss 487-489)
    • Holdings in OEICs, unit trusts and offshore funds treated as creditor relationship rights (ss 490-492)
    • The qualifying investments test (ss 493-496)
    • Power to change investments that are qualifying investments (s 497)
  • ▸ Chapter 4 – Building Societies (s 498)
    • Section 498 – Building society dividends and interest [CTA 2009 s 498]
  • ▸ Chapter 5 – Industrial and provident societies (ss 499-500)
    • Section 499 – Industrial and provident society payments treated as interest under loan relationship [CTA 2009 s 499]
    • Section 500 – Exclusion of interest where failure to make return [CTA 2009 s 500]
  • ▸ Chapter 6 – Alternative finance arrangements (ss 501-521)
    • Introduction (ss 501-502)
    • Arrangements that are alternative finance arrangements (ss 503-508)
    • Treatment as loan relationships (ss 509-510)
    • Meaning of “alternative finance return” (ss 511-513)
    • Treatment for other tax purposes (ss 514-520)
    • Power to extend this Chapter to other arrangements (s 521)
  • ▸ Chapter 6A – Shares accounted for as liabilities (ss 521A-521F)
    • Section 521A – Introduction to Chapter [CTA 2009 s 521A]
    • Section 521B – Application of Part 5 to certain shares as rights under creditor relationship [CTA 2009 s 521B]
    • Section 521C – Shares accounted for as liabilities [CTA 2009 s 521C]
    • Section 521D – Excepted shares [CTA 2009 s 521D]
    • Section 521E – Unallowable purpose [CTA 2009 s 521E]
    • Section 521F – Shares becoming or ceasing to be shares to which section 521B applies [CTA 2009 s 521F]
  • ▸ Chapter 7 – Shares with guaranteed returns etc (ss 522-535)
    • Application of Part 5 to certain shares as rights under creditor relationship (ss 522-523)
    • Shares subject to outstanding third party obligations (ss 524-525)
    • Non-qualifying shares (ss 526-533)
    • Consequences of section 523 applying or ceasing to apply (ss 534-535)
  • ▸ Chapter 8 – Returns from partnerships (ss 535-538)
    • Section 536 – Introduction to Chapter [CTA 2009 s 536]
    • Section 537 – Payments in return for capital contribution to partnership [CTA 2009 s 537]
    • Section 538 – Change of partnership shares [CTA 2009 s 538]
  • ▸ Chapter 9 – Manufactured interest etc (ss 539-541)
    • Section 539 – Introduction to Chapter [CTA 2009 s 539]
    • Section 540 – Manufactured interest treated as interest under loan relationship [CTA 2009 s 540]
    • Section 541 – Debits for deemed interest under stock lending arrangements disallowed [CTA 2009 s 541]
  • ▸ Chapter 10 – Repos (ss 542-559)
    • Introduction (s 542)
    • Creditor repos and creditor quasi-repos (ss 543-547)
    • Debtor repos and debtor quasi-repos (ss 548-551)
    • General provisions (ss 552-555)
    • Interpretation (556-559)
  • ▸ Chapter 11 – Investment life insurance contracts (ss 560-569)
    • Introduction (ss 560-561)
    • Investment life assurance contracts treated as creditor relationships (ss 562-565)
    • Old accounting period contracts (ss 566-569)
▸ Part 7 – Derivative contracts (ss 570-710)
  • ▸ Chapter 1 – Introduction (ss 570-574)
    • Introduction (s 570)
    • How profits and losses from derivative contracts are dealt with (ss 571-574)
  • ▸ Chapter 2 – Contracts to which this Part applies (ss 575-593)
    • Introduction (s 575)
    • Meaning of “derivative contract” and other basic definitions (ss 576-583)
    • Cases where companies treated as parties to relevant contracts (ss 584-586)
    • Other contracts etc. treated as derivative contracts (ss 587-588)
    • Exclusions from derivative contracts (ss 589-593)
  • ▸ Chapter 3 – Credits and debits to be brought into account: general (ss 594-611)
    • Introduction (s 594)
    • Matters in respect of which amounts are to be brought into account (s 594A)
    • General principles (ss 595-596)
    • Amounts recognised in determining a company's profit or loss (ss 597-599B)
    • Application of fair value accounting (ss 600-603)
    • Rules differing from generally accepted accounting practice (ss 604-605)
    • Exchange gains and losses (ss 606-606H)
    • Miscellaneous (ss 607-611)
  • ▸ Chapter 4 – Further provision about credits and debits to be brought into account (ss 612-623)
    • Introduction (s 612)
    • Adjustments on change of accounting basis (ss 613-615)
    • Certain embedded derivatives (ss 616-618)
    • Partnerships involving companies (ss 619-621)
    • Miscellaneous (ss 622-623)
  • ▸ Chapter 5 – Continuity of treatment on transfers within groups (ss 624-632)
    • Introductory (s 624)
    • Group member replacing another as party to derivative contract (ss 625-627)
    • Exceptions to section 625 (ss 628-629)
    • Transferee leaving group after replacing transferor as party to derivative contract (ss 630-632)
  • ▸ Chapter 6 – Special kinds of company (ss 633-638)
    • Mutual trading companies (s 633)
    • Insurance companies (634-636)
    • Investment and venture capital trusts (637-638)
  • ▸ Chapter 7 – Chargeable gains arising in relation to derivative contracts (ss 639-659)
    • Introduction (s 639)
    • Some credits and debits not to be brought into account under Part 5 (s 640)
    • Some derivative contracts to be taxed on a chargeable gains basis (ss 641-642)
    • Derivative contracts to which sections 640 and 641 apply (ss 643-650)
    • Some credits and debits not to be brought into account under Part 3 or 5 (s 651)
    • Issuers of securities with embedded derivatives: deemed options (ss 652-655)
    • Issuers of securities with embedded derivatives: deemed contracts for differences (ss 656-658)
    • Interpretation (s 659)
  • ▸ Chapter 8 – Further provision about chargeable gains and derivative contracts (ss 660-673)
    • Company ceasing to be party to certain contracts (ss 660-661)
    • Contracts ceasing to be derivative contracts (s 662)
    • Carry back of net losses on certain derivative contracts (ss 663-664)
    • Issuers of securities with embedded derivatives: equity instruments (ss 665-666)
    • Treatment of shares acquired in certain circumstances (ss 667-669)
    • Treatment of net gains and losses on exercise of option (ss 670-671)
    • Treatment of net gains and losses on disposal of certain embedded derivatives (ss 672-673)
  • ▸ Chapter 9 – European cross-border transfers of business (ss 674-681)
    • Introduction (s 674)
    • Transfers of derivative contracts at notional carrying value (ss 675-676)
    • Exception for tax avoidance cases and clearances (ss 677-679)
    • Transparent entities (s 680)
    • Interpretation (s 681)
  • ▸ Chapter 10 – European cross-border mergers (ss 682-688)
    • Introduction (ss 682-683)
    • Transfers of derivative contracts at notional carrying value (ss 684-685)
    • Exception for tax avoidance cases and clearances (s 686)
    • Transparent entities (s 687)
    • Interpretation (s 688)
  • ▸ Chapter 11 – Tax avoidance (ss 689-698D)
    • Introduction (s 689)
    • Unallowable purposes (ss 690-692)
    • Transactions not at arm's length (ss 693-695A)
    • Transactions with non-UK residents (ss 696-697)
    • Disposals for consideration not fully recognised by accounting practice (s 698)
    • Derecognition (s 698A)
    • Counteracting avoidance arrangements (ss 698B-698D)
  • ▸ Chapter 12 – Priority rules (ss 699-700)
    • Section 699 – Priority of this Part for corporation tax purposes [CTA 2009 s 699]
    • Section 700 – Relationship of this Part to Part 5: loan relationships [CTA 2009 s 700]
  • ▸ Chapter 13 – General and supplementary provisions (ss 701-710)
    • Power to amend certain provisions (s 701)
    • Changes to accounting standards (s 701A)
    • Other general definitions (ss 702-710)
▸ Part 8 – Intangible fixed assets (ss 711-906)
  • ▸ Chapter 1 – Introduction (ss 711-719)
    • Introductory (s 711)
    • Basic definitions (ss 712-714)
    • Goodwill (s 715)
    • Accounting rules and definitions (ss 716-719)
  • ▸ Chapter 2 – Credits in respect of intangible fixed assets (ss 720-725)
    • Section 720 – Introduction [CTA 2009 s 720]
    • Section 721 – Receipts recognised as they accrue [CTA 2009 s 721]
    • Section 722 – Receipts in respect of royalties so far as not dealt with under section 721 [CTA 2009 s 722]
    • Section 723 – Revaluation [CTA 2009 s 723]
    • Section 724 – Negative goodwill [CTA 2009 s 724]
    • Section 725 – Reversal of previous accounting loss [CTA 2009 s 725]
  • ▸ Chapter 3 – Realisation of intangible fixed assets (ss 726-732)
    • Section 726 – Introduction [CTA 2009 s 726]
    • Section 727 – References to expenditure on an asset [CTA 2009 s 727]
    • Section 728 – Expenditure written off as it is incurred [CTA 2009 s 728]
    • Section 729 – Writing down on accounting basis [CTA 2009 s 729]
    • Section 730 – Writing down at fixed rate: election for fixed-rate basis [CTA 2009 s 730]
    • Section 731 – Writing down at fixed rate: calculation [CTA 2009 s 731]
    • Section 732 – Reversal of previous accounting gain [CTA 2009 s 732]
  • ▸ Chapter 4 – Realisation of intangible fixed assets (ss 733-741)
    • Section 733 – Overview of Chapter [CTA 2009 s 733]
    • Section 734 – Meaning of “realisation” [CTA 2009 s 734]
    • Section 735 – Asset written down for tax purposes [CTA 2009 s 735]
    • Section 736 – Asset shown in balance sheet and not written down for tax purposes [CTA 2009 s 736]
    • Section 737 – Apportionment in case of part realisation [CTA 2009 s 737]
    • Section 738 – Asset not shown in balance sheet [CTA 2009 s 738]
    • Section 739 – Meaning of “proceeds of realisation” [CTA 2009 s 739]
    • Section 740 – Abortive expenditure on realisation [CTA 2009 s 740]
    • Section 741 – Meaning of “chargeable intangible asset” and “chargeable realisation gain” [CTA 2009 s 741]
  • ▸ Chapter 5 – Calculation of tax written-down value (ss 742-744)
    • Section 742 – Asset written down on accounting basis [CTA 2009 s 742]
    • Section 743 – Asset written down at fixed rate [CTA 2009 s 743]
    • Section 744 – Effect of part realisation of asset [CTA 2009 s 744]
  • ▸ Chapter 6 – How credits and debits are given effect (ss 745-753)
    • Introductory (ss 745-746)
    • Trading etc. credits and debits (ss 747-750)
    • Non-trading credits and debits (751-753)
  • ▸ Chapter 7 – Roll-over relief in case of realisation and reinvestment (ss 754-763)
    • When the relief is given (ss 754-757)
    • How the relief is given (ss 758-763)
  • ▸ Chapter 8 – Groups of companies: introduction (ss 764-773)
    • Introductory (s 764)
    • Rules (ss 765-773)
  • ▸ Chapter 9 – Application of this Part to groups of companies (ss 774-799)
    • Introductory (s 774)
    • Transfers within a group treated as tax-neutral (ss 775-776)
    • Roll-over relief under Chapter 7 (realisation and reinvestment) (ss 777-779)
    • Company ceasing to be member of group (ss 780-791)
    • Reallocation of degrouping charge within group and recovery (ss 792-798)
    • Disregard of payments between group members for reliefs (s 799)
  • ▸ Chapter 10 – Excluded assets (ss 800-816A)
    • Introductory (ss 800-802)
    • Assets wholly excluded from this Part (ss 803-809)
    • Assets excluded from this Part except as respects royalties (ss 810-813)
    • Assets excluded from this Part to the extent specified (ss 814-816A)
  • ▸ Chapter 11 – Transfer of business or trade (ss 817-833)
    • Introduction (s 817)
    • Tax-neutral transfers (ss 818-826)
    • Transfer of assets to non-UK resident company (ss 827-830)
    • The genuine commercial transaction requirement and clearance (ss 831-833)
  • ▸ Chapter 12 – Related parties (ss 834-843)
    • Introductory (s 834)
    • Meaning of “related party”, “control” and “major interest” (ss 835-837)
    • Rights and powers to be taken into account (ss 838-840)
    • Meaning of “participator” and “associate” (s 841)
    • Connected persons (ss 842-843)
  • ▸ Chapter 13 – Transactions between related parties (ss 844-851)
    • Introductory (s 844)
    • Transfers treated as being at market value (ss 845-849A)
    • Grants treated as being at market value (ss 849AB-849D)
    • Other rules (ss 850-851)
  • ▸ Chapter 14 – Miscellaneous provisions (ss 852-870A)
    • Grants and other contributions to expenditure (ss 852-853)
    • Finance leasing (ss 854-855)
    • Values to be used in special cases (ss 856-857)
    • Fungible assets (s 858)
    • Assets ceasing to be or becoming chargeable intangible assets (ss 859-863A)
    • Matters to be ignored (ss 864-865)
    • Delayed payments and bad debts (866-870)
    • Roll-over relief under TCGA 1992 (s 870A)
  • ▸ Chapter 15 – Adjustments on change of accounting policy (ss 871-879)
    • Introductory (s 871)
    • Change of policy involving change of value (ss 872-873)
    • Change of policy involving disaggregation (ss 874-877)
    • Supplementary (ss 878-879)
  • ▸ Chapter 15A – Debits in respect of goodwill and certain other assets (ss 879A-879P)
    • Introduction (s 879A)
    • Requirement to write down at a fixed rate (s 879B)
    • Restrictions on debits: pre-FA 2019 relevant assets (ss 879C-879H)
    • Restrictions on debits: no business or no qualifying IP assets acquired (ss 879I-879J)
    • Restrictions on debits: acquisition from individual or firm (ss 879K-879L)
    • Partial restrictions on debits (ss 879M-879O)
    • Supplementary (ss 879P)
  • ▸ Chapter 16 – Pre-FA 2002 assets etc. (ss 880-900)
    • Introduction (ss 880-881)
    • General rule (s 882)
    • When assets are treated as created or acquired (ss 883-886)
    • When expenditure treated as incurred (ss 887-889)
    • Fungible assets (ss 890-891)
    • Assets treated as pre-FA 2002 assets (ss 892-895)
    • Application of Part to royalties and telecommunication rights (ss 896-897)
    • Roll-over relief for disposals of pre-FA 2002 assets (ss 898-900)
  • ▸ Chapter 16A – Debits in respect of assets that were pre-FA 2002 assets etc. (ss 900A-900I)
    • Introduction (s 900A)
    • When an intangible fixed asset is a restricted asset (ss 900B-900D)
    • The special rules (ss 900E-900F)
    • Supplementary provisions (900G-900I)
  • ▸ Chapter 16B – Fungible assets (ss 900J-900O)
    • Section 900J – Fungible assets: general [CTA 2009 s 990J]
    • Section 900K – Fungible assets: pre-FA 2002 assets and restricted assets [CTA 2009 s 990K]
    • Section 900L – Realisation of fungible assets: pre-FA 2002 assets and restricted assets [CTA 2009 s 990L]
    • Section 900M – Acquisition of fungible assets: pre-FA 2002 assets and restricted assets [CTA 2009 s 990M]
    • Section 900N – Debits in respect of a single asset comprising restricted assets [CTA 2009 s 990N]
    • Section 900O – Interpretation [CTA 2009 s 990O]
  • ▸ Chapter 17 – Insurance companies (ss 901-905)
    • Effect of application of the I minus E basis: non-trading amounts (ss 901-903)
    • Miscellaneous (ss 904-905)
  • ▸ Chapter 18 – Priority rules (ss 906)
    • Section 906 – Priority of this Part for corporation tax purposes [CTA 2009 s 906]
▸ Part 9 – Intellectual property: know-how and patents (ss 907-931)
  • ▸ Chapter 1 – Introduction (ss 907)
    • Section 907 – Overview of Part [CTA 2009 s 907]
  • ▸ Chapter 2 – Disposals of know-how (ss 908-910)
    • Section 908 – Charge to tax on profits from disposals of know-how [CTA 2009 s 908]
    • Section 909 – Exceptions to charge under section 908 [CTA 2009 s 909]
    • Section 910 – Profits charged under section 908 [CTA 2009 s 910]
  • ▸ Chapter 3 – Sales of patent rights (ss 911-923)
    • Introductory (s 911)
    • Charge to tax (ss 912-913)
    • Spreading of charge to tax (ss 914-918)
    • Miscellaneous (ss 919-923)
  • ▸ Chapter 4 – Relief from corporation tax on patent income (ss 924-925)
    • Section 924 – Relief for expenses: patent income [CTA 2009 s 924]
    • Section 925 – How relief is given under section 924 [CTA 2009 s 925]
  • ▸ Chapter 5 – Supplementary (ss 926-931)
    • Section 926 – Contributions to expenditure [CTA 2009 s 926]
    • Section 927 – Contributions not made by public bodies nor eligible for tax relief [CTA 2009 s 927]
    • Section 928 – Exchanges [CTA 2009 s 928]
    • Section 929 – Apportionment where property sold together [CTA 2009 s 929]
    • Section 930 – Questions about apportionments affecting two or more persons [CTA 2009 s 930]
    • Section 931 – Meaning of “capital sums” etc. [CTA 2009 s 931]
▸ Part 9A – Company distributions (ss 931A-931W)
  • ▸ Chapter 1 – The charge to Tax (s 913A)
    • Section 931A – Charge to tax on distributions received [CTA 2009 s 931A]
  • ▸ Chapter 2 – Exemption of distributions received by small companies (ss 931B-931CA)
    • Section 931B – Exemption from charge to tax [CTA 2009 s 931B]
    • Section 931C – Meaning of “qualifying territory” [CTA 2009 s 931C]
    • Section 931CA – Further exemption where distribution received from CFC [CTA 2009 s 931CA]
  • ▸ Chapter 3 – Exemption of distributions received by companies that are not small (ss 931D-931Q)
    • Section 931D – Exemption from charge to tax [CTA 2009 s 931D]
    • Exempt classes (ss 931E-931I)
    • Exempt classes: anti-avoidance (ss 931J-931Q)
  • ▸ Chapter 4 – Supplementary (ss 931R-931W)
    • Election that distribution should not be exempt (s 931R)
    • Chargeable gains (s 931RA)
    • Interpretation (ss 931S-931V)
    • Boundary provisions (s 931W)
▸ Part 10 – Miscellaneous income (ss 932-982)
  • ▸ Chapter 1 – Introduction (s 932)
    • Section 932 – Overview of Part [CTA 2009 s 932]
  • ▸ Chapter 2 – Dividends of non-UK resident companies (s 933)
    • Section 933 – Charge to tax on dividends of non-UK resident companies [CTA 2009 s 933]
  • ▸ Chapter 3 – Beneficiaries' income from estates in administration (ss 934-968)
    • Introduction (ss 934-936)
    • Types of estate income (ss 937-940)
    • Income charged (ss 941-942)
    • Basic amount of estate income: general calculations rules (ss 943-947)
    • Further provisions for calculating estate income relating to absolute interests (ss 948-952)
    • Successive interests (ss 953-959)
    • Relief where foreign estates have borne UK income tax (ss 960-961A)
    • General (ss 962-968)
  • ▸ Chapter 4 – Income from holding an office (ss 969-970)
    • Section 969 – Charge to tax on income from holding an office [CTA 2009 s 969]
    • Section 970 – Rule restricting deductions for bad debts [CTA 2009 s 970]
  • ▸ Chapter 5 – Distributions from unauthorised unit trusts (ss 971-973)
    • Section 971 – Overview of Chapter [CTA 2009 s 971]
    • Section 972 – Charge to tax under this Chapter [CTA 2009 s 972]
    • Section 973 – Amount of income treated as received [CTA 2009 s 973]
  • ▸ Chapter 6 – Sale of foreign dividend coupons (ss 974-975)
    • Section 974 – Charge to tax under this Chapter [CTA 2009 s 974]
    • Section 975 – Meaning of “foreign holdings” etc. [CTA 2009 s 975]
  • ▸ Chapter 7 – Annual payments not otherwise charged (ss 976-978)
    • Section 976 – Overview of Chapter [CTA 2009 s 976]
    • Section 977 – Charge to tax on annual payments not otherwise charged [CTA 2009 s 977]
    • Section 978 – Exemption for payments by persons liable to pool betting duty [CTA 2009 s 978]
  • ▸ Chapter 8 – Income not otherwise charged (ss 979-981)
    • Section 979 – Charge to tax on income not otherwise charged [CTA 2009 s 979]
    • Section 980 – Exemption for commercial occupation of woodlands in UK [CTA 2009 s 980]
    • Section 981 – Exemption for gains on financial futures [CTA 2009 s 981]
  • ▸ Chapter 9 – Priority rules (ss 982)
    • Section 982 – Provisions which must be given priority over this Part [CTA 2009 s 982]
▸ Part 11 – Relief for particular employee share acquisition schemes (ss 983-1000)
  • ▸ Chapter 1 – Share incentive plans (ss 983-998)
    • Introductory (ss 983-984)
    • Deductions and receipts: general (ss 985-986)
    • Deductions relating to setting up and running costs (ss 987-988)
    • Deductions relating to payments used to acquire shares (ss 989-993)
    • Deductions relating to provision of certain types of shares (ss 994-997)
    • Plan ceasing to be a Schedule 2 SIP (s 998)
  • ▸ Chapter 2 – SAYE option schemes, company share option schemes and employee share options trusts (ss 999-1000)
    • Section 999 – Deduction for costs of setting up SAYE option scheme or CSOP scheme [CTA 2009 s 999]
    • Section 1000 – Deduction for costs of setting up employee share ownership trust [CTA 2009 s 1000]
▸ Part 12 – Other relief for employee share acquisitions (ss 1001-1038B)
  • ▸ Chapter 1 – Introduction (ss 1001-1004)
    • Introductory (s 1001)
    • Interpretation (ss 1002-1005)
  • ▸ Chapter 2 – Relief if shares acquired by employee or other person (ss 1006-1013)
    • Introductory (s 1006)
    • Requirements to be met for relief to be available (ss 1007-1009)
    • Calculation of amount of relief (ss 1010-1012)
    • Giving of relief (s 1013)
  • ▸ Chapter 3 – Relief if employee or other person obtains option to acquire shares (ss 1014-1024)
    • Introductory (s 1014)
    • Requirements to be met for relief to be available (ss 1015-1017)
    • Calculation of amount of relief (ss 1018-1020)
    • Giving of relief (s 1021)
    • Takeovers and transfers of businesses (ss 1022-1024)
  • ▸ Chapter 4 – Additional relief in cases involving restricted shares (ss 1025-1029)
    • Section 1025 – Additional relief available if shares acquired are restricted shares [CTA 2009 s 1025]
    • Section 1025A – Application of Chapter: employees of overseas companies who take up employment with, or work for, a UK company [CTA 2009 s 1025A]
    • Section 1025B – Application of Chapter where original relief a consequence of section 1007A, 1015A or 1015B [CTA 2009 s 1025B]
    • Section 1026 – Relief available on occurrence of chargeable event [CTA 2009 s 1026]
    • Section 1027 – Relief available on death of employee [CTA 2009 s 1027]
    • Section 1028 – Supplementary provision for purposes of sections 1026 and 1027 [CTA 2009 s 1028]
    • Section 1029 – Transfer of qualifying business by group transfers [CTA 2009 s 1029]
  • ▸ Chapter 5 – Additional relief in cases involving convertible securities (ss 1030-1036)
    • Section 1030 – Application of Chapter [CTA 2009 s 1030]
    • Section 1030A – Application of Chapter: employees of overseas companies who take up employment with, or work for, a UK company [CTA 2009 s 1030A]
    • Section 1030B – Application of Chapter where original relief a consequence of section 1007A, 1015A or 1015B [CTA 2009 s 1030B]
    • Section 1031 – Additional relief available if shares acquired are convertible shares etc [CTA 2009 s 1031]
    • Section 1032 – Meaning of “chargeable event” [CTA 2009 s 1032]
    • Section 1033 – Relief available on occurrence of chargeable event [CTA 2009 s 1033]
    • Section 1034 – Relief available following death of employee [CTA 2009 s 1034]
    • Section 1035 – Supplementary provision for purposes of sections 1033 and 1034 [CTA 2009 s 1035]
    • Section 1036 – Transfer of qualifying business by group transfers [CTA 2009 s 1036]
  • ▸ Chapter 6 – Relationship between relief under this Part and other reliefs (ss 1037-1038B)
    • Section 1037 – Priority of Chapter 1 of Part 11 [CTA 2009 s 1037]
    • Section 1038 – Exclusion of other deductions [CTA 2009 s 1038]
    • Section 1038A – Exclusion of deductions for share options: shares not acquired [CTA 2009 s 1038A]
    • Section 1038B – Employee shareholder shares [CTA 2009 s 1038B]
▸ Part 13 – Expenditure on research and development (ss 1039-1142B)
  • ▸ Chapter 1 – Introduction (ss 1039-1042)
    • Introductory (ss 1039-1040A)
    • Interpretation (ss 1041-1042)
  • ▸ Chapter 1A – R&D expenditure credit (ss 1042A-1042O)
    • Introductory (ss 1042A)
    • Entitlement and claims (ss 1042B-1042C)
    • Qualifying expenditure (ss 1042D-1042F)
    • Rate of credit (s 1042G)
    • Treatment of credit: main provisions (ss 1042H-1042J)
    • Notional tax deduction (ss 1042K-1042M)
    • Intra-group surrenders (ss 1042N)
    • Basic life assurance and general annuity businesses (s 1042O)
  • ▸ Chapter 2 – Relief for loss-making, R&D-intensive SMEs (ss 1043-1062)
    • Introductory (s 1043)
    • Reliefs (ss 1044-1045)
    • Reliefs: further provision (ss 1045A-1049)
    • Threshold (s 1050)
    • Qualifying expenditure (ss 1051-1053)
    • Tax credit: entitlement and payment (ss 1054-1057)
    • Amount of tax credit (ss 1058-1059)
    • Supplementary (ss 1060-1062)
  • ▸ Chapter 3 – Relief for SMEs: R&D sub-contracted to SME (ss 1063-1067)
    • Relief (s 1063)
    • Threshold (s 1064)
    • Qualifying expenditure (ss 1065-1067)
  • ▸ Chapter 4 – Relief for SMEs: subsidised and capped expenditure on R&D (ss 1068-1073)
    • Relief (s 1068)
    • Threshold (s 1069)
    • Qualifying expenditure (ss 1070-1073)
  • ▸ Chapter 5 – Relief for large companies (ss 1074-1080)
    • Relief (s 1074)
    • Threshold (s 1075)
    • Qualifying expenditure (ss 1076-1079)
    • Insurance companies (s 1080)
  • ▸ Chapter 6 – Chapters 2 to 5: further provision (ss 1081-1084)
    • Section 1081 – Insurance companies treated as large companies [CTA 2009 s 1081]
    • Section 1082 – R&D expenditure of group companies [CTA 2009 s 1082]
    • Section 1083 – Refunds of expenditure treated as income chargeable to tax [CTA 2009 s 1083]
    • Section 1084 – Artificially inflated claims for relief or tax credit [CTA 2009 s 1084]
  • ▸ Chapter 7 – Relief for large companies: vaccine research etc (ss 1085-1112)
    • Introductory (ss 1085-1086)
    • Reliefs (ss 1087-1094)
    • Deemed trading loss: further provision (ss 1095-1096)
    • Threshold (s 1097)
    • Qualifying expenditure (ss 1098-1102)
    • Tax credit: entitlement and payment (ss 1103-1106)
    • Amount of tax credit (ss 1107-1108)
    • Supplementary (ss 1109-1111)
    • Tax avoidance (s 1112)
  • ▸ Chapter 8 – Restrictions on relief under this Part (ss 1112A-1112J)
    • Introductory (s 1112A)
    • PAYE and NIC liabilities (ss 1112B-1112E)
    • Going concerns (ss 1112F-1112G)
    • Outstanding tax matters (s 1112H)
    • Artificially inflated claims (s 1112I)
    • Northern Ireland companies (s 1112J)
    • Section 1113 – Cap on R&D aid under Chapter 2 or 7 [CTA 2009 s 1113]
    • Section 1114 – Total R&D aid [CTA 2009 s 1114]
    • Section 1115 – “The tax credits” [CTA 2009 s 1115]
    • Section 1116 – “The actual reduction in tax liability” [CTA 2009 s 1116]
    • Section 1117 – “The potential relief” [CTA 2009 s 1117]
    • Section 1118 – “The notional relief” [CTA 2009 s 1118]
  • ▸ Chapter 9 – Supplementary (ss 1119-1142B)
    • SMEs and large companies (ss 1119-1122)
    • Staffing costs (ss 1123-1124)
    • Software , data licences, cloud computing services or consumable items (ss 1125-1126B)
    • Qualifying expenditure on externally provided workers (ss 1127-1132A)
    • Contracting out (ss 1133-1136)
    • Miscellaneous (ss 1137-1142E)
▸ Part 14 – Remediation of contaminated land (ss 1143-1179)
  • ▸ Chapter 1 – Introduction (ss 1143-1146A)
    • Introductory (s 1143)
    • Basic definitions (ss 1144-1146A)
  • ▸ Chapter 2 – Reliefs for expenditure on contaminated land (ss 1147-1150)
    • Section 1147 – Deduction for capital expenditure [CTA 2009 s 1147]
    • Section 1148 – Election under section 1147 [CTA 2009 s 1148]
    • Section 1149 – Additional deduction for qualifying land remediation expenditure [CTA 2009 s 1149]
    • Section 1150 – No relief if company responsible for contamination or dereliction or polluter has interest [CTA 2009 s 1150]
  • ▸ Chapter 3 – Land remediation tax credit (ss 1151-1158)
    • Entitlement and payment (ss 1151-1153)
    • Amount of tax credit (s 1154)
    • Supplementary (ss 1155-1158)
  • ▸ Chapter 4 – Special provision for life assurance business (ss 1159-1168)
    • Section 1159 – Limitation on relief under Chapter 2 [CTA 2009 s 1159]
    • I minus E basis (s 1160)
    • Relief (ss 1161-1163)
    • BLAGAB company tax credits (1164-1168)
  • ▸ Chapter 5 – Tax avoidance (s 1169)
    • Section 1169 – Artificially inflated claims for relief or tax credit [CTA 2009 s 1169]
  • ▸ Chapter 6 – Supplementary (ss 1170-1179)
    • Section 1170 – “Staffing costs” [CTA 2009 s 1170]
    • Section 1171 – Staffing costs attributable to relevant land remediation [CTA 2009 s 1171]
    • Section 1172 – Expenditure on materials [CTA 2009 s 1172]
    • Section 1173 – Expenditure incurred because of contamination or dereliction [CTA 2009 s 1173]
    • Section 1174 – Sub-contractor payments [CTA 2009 s 1174]
    • Section 1175 – Connected sub-contractors [CTA 2009 s 1175]
    • Section 1176 – “Qualifying expenditure on sub-contracted land remediation”: other cases [CTA 2009 s 1176]
    • Section 1177 – “Subsidised expenditure” [CTA 2009 s 1177]
    • Section 1178 – Persons having a “relevant connection” to a company [CTA 2009 s 1178]
    • Section 1178A – “Major interest in land” [CTA 2009 s 1178A]
    • Section 1179 – Other definitions [CTA 2009 s 1179]
▸ Part 14A – Films, television programmes and video games (ss 1179A-1179FS)
  • ▸ Chapter 1 – Introduction and interpretation (ss1179A-1179AE)
    • Introduction to Part (ss 1179A-1179AA)
    • Definitions and miscellaneous provision (ss 1179AB-1179AE)
  • ▸ Chapter 2 – Special rules about taxation (ss 1179B-1179BG)
    • The separate production trade (ss 1179B-1179BA)
    • Accounting for the separate trade (ss 1179BB-1179BE)
    • Losses in the separate trade (ss 1179BF-1179BG)
  • ▸ Chapter 3 – Expenditure credit (ss 1179C-1179CI)
    • The entitlement (ss 1179C-1179CA)
    • Treatment of credit (ss 1179CB-1179CF)
    • Restrictions on payment (ss 1179CG-1179CH)
    • Artificial arrangements (s 1179CI)
  • ▸ Chapter 4 – Films and television programmes (ss 1179D-1179EB)
    • General (s 1179D)
    • Qualifying films (ss 1179DA-1179DC)
    • Qualifying television programmes (ss 1179DD-1179DI)
    • British certification condition (ss 1179DJ-1179DN)
    • UK expenditure condition (s 1179DO)
    • Production companies (ss 1179DP-1179DQ)
    • Qualifying expenditure and rate of credit (ss 1179DR-1179DV)
    • Accounting for the separate trade (ss 1179DW-1179DY)
    • Miscellaneous (ss 1179DZ-1179EB)
  • ▸ Chapter 5 – Video games (ss 1179F-1179S)
    • General (s 1179F)
    • Qualifying video games (ss 1179FA-1179FB)
    • British certification condition (ss 1179FC-1179FG)
    • UK expenditure condition (ss 1179FH)
    • Development companies (ss 1179FI)
    • Qualifying expenditure and rate of credit (ss 1179FJ-1179FN)
    • Accounting for the separate trade (ss 1179FO-1179FQ)
    • Miscellaneous (ss 1179FR-1179FS)
▸ Part 15 – Film production (ss 1180-1216)
  • ▸ Chapter 1 – Introduction (ss 1180-1187)
    • Introductory (s 1180)
    • Interpretation (ss 1181-1187)
  • ▸ Chapter 2 – Taxation of activities of film production company (ss 1188-1194)
    • Separate film trade (ss 1188-1189)
    • Supplementary (ss 1190-1194)
  • ▸ Chapter 3 – Film tax relief (ss 1195-1207)
    • Introductory (s 1195)
    • Conditions of relief (ss 1196-1198)
    • Additional deductions (ss 1199-1200)
    • Film tax credits (ss 1201-1203)
    • Miscellaneous (ss 1204-1207)
  • ▸ Chapter 4 – Film losses (ss 1208-1211)
    • Section 1208 – Application of sections 1209 and 1210 [CTA 2009 s 1208]
    • Section 1209 – Restriction on use of losses while film in production [CTA 2009 s 1209]
    • Section 1210 – Use of losses in later periods [CTA 2009 s 1210]
    • Section 1211 – Terminal losses [CTA 2009 s 1211]
  • ▸ Chapter 5 – Provisional entitlement to relief (ss 1212-1216)
    • Section 1212 – Introduction [CTA 2009 s 1212]
    • Section 1213 – Certification as a British film [CTA 2009 s 1213]
    • Section 1214 – The UK expenditure condition [CTA 2009 s 1214]
    • Section 1215 – Film tax relief on basis that film is limited-budget film [CTA 2009 s 1215]
    • Section 1216 – Time limit for amendments and assessments [CTA 2009 s 1216]
▸ Part 15A – Television production (ss 1216A-1216EC)
  • ▸ Chapter 1 – Introduction (ss 1216A-1216AJ)
    • Introductory (s 1216A)
    • Meaning of “television programme”, “relevant programme” etc. (ss 1216AA-1216ADA)
    • Other interpretation (ss 1216AE-1216AJ)
  • ▸ Chapter 2 – Taxation of activities of television production company (ss 1216B-1216BF)
    • Separate programme trade (ss 1216B-1216BA)
    • Supplementary (ss 1216BB-1216BF)
  • ▸ Chapter 3 – Television tax relief (ss 1216C-1216CN)
    • Introductory (s 1216C)
    • “Intended for broadcast” (s 1216CA)
    • British programmes (ss 1216CB-1216CD)
    • UK expenditure (s 1216CE)
    • Additional deductions (ss 1216CF-1216CG)
    • Television tax credits (ss 1216CH-1216CJ)
    • Miscellaneous (ss 1216CK-1216CN)
  • ▸ Chapter 4 – Programme losses (ss 1216D-1216DC)
    • Section 1216D – Application of sections 1216DA and 1216DB [CTA 2009 s 1216D]
    • Section 1216DA – Restriction on use of losses while programme in production [CTA 2009 s 1216DA]
    • Section 1216DB – Use of losses in later periods [CTA 2009 s 1216DB]
    • Section 1216DC – Terminal losses [CTA 2009 s 1216DC]
  • ▸ Chapter 5 – Provisional entitlement to relief (ss 1216E-1216EC)
    • Section 1216E – Introduction [CTA 2009 s 1216E]
    • Section 1216EA – Certification as a British programme [CTA 2009 s 1216EA]
    • Section 1216EB – The UK expenditure condition [CTA 2009 s 1216EB]
    • Section 1216EC – Time limit for amendments and assessments [CTA 2009 s 1216EC]
▸ Part 15B – Video games development (ss 1217A-1217EC)
  • ▸ Chapter 1 – Introduction (ss 1217A-1217AF)
    • Introductory (s 1217A)
    • Interpretation (ss 1217AA-1217AF)
  • ▸ Chapter 2 – Taxation of activities of video games development company (ss 1217B-1217BE)
    • Separate video game trade (ss 1217B-1217BA)
    • Supplementary (ss 1217BB-1217BE)
  • ▸ Chapter 3 – Video games tax relief (ss 1217C-1217CN)
    • Introductory (s 1217C)
    • “Intended for supply” (s 1217CA)
    • British video games (ss 1217CB-1217CD)
    • EEA expenditure (s 1217CE)
    • Additional deductions (ss 1217CF-1217CG)
    • Video game tax credits (ss 1217CH-1217CJ)
    • Miscellaneous (ss 1217CK-1217CN)
  • ▸ Chapter 4 – Video game losses (ss 1217D-1217DC)
    • Section 1217D – Application of sections 1217DA and 1217DB [CTA 2009 s 1217D]
    • Section 1217DA – Restriction on use of losses while video game in development [CTA 2009 s 1217DA]
    • Section 1217DB – Use of losses in later periods [CTA 2009 s 1217DB]
    • Section 1217DC – Terminal losses [CTA 2009 s 1217DC]
  • ▸ Chapter 5 – Provisional entitlement to relief (ss 1217E-1217EC)
    • Section 1217E – Introduction [CTA 2009 s 1217E]
    • Section 1217EA – Certification as a British video game [CTA 2009 s 1217EA]
    • Section 1217EB – The EEA expenditure condition [CTA 2009 s 1217EB]
    • Section 1217EC – Time limit for amendments and assessments [CTA 2009 s 1217EC]
▸ Part 15C – Theatrical Productions (ss 1217F-1217OB)
  • ▸ Introduction (ss 1217F-1217FC)
    • Section 1217F – Overview of Part [CTA 2009 s 1217F]
    • Section 1217FA – “Theatrical Production” [CTA 2009 s 1217FA]
    • Section 1217FB – Production not regarded as theatrical [CTA 2009 s 1217FB]
    • Section 1217FC – “Production Company” [CTA 2009 s 1217FC]
  • ▸ Companies qualifying for relief (ss 1217G-1217GC)
    • Section 1217G – How a company qualifies for relief [CTA 2009 s 1217G]
    • Section 1217GA – The commercial purpose condition [CTA 2009 s 1217GA]
    • Section 1217GB – The EEA expenditure condition [CTA 2009 s 1217GB]
    • Section 1217GC – “Core Expenditure” [CTA 2009 s 1217GC]
  • ▸ Claim for additional deduction (s 1217H)
    • Section 1217H – Claim for additional deduction [CTA 2009 s 1217H]
  • ▸ The separate theatrical trade (ss 1217I-1217IF)
    • Section 1217I – Introduction to sections 1217IA and 1217IF [CTA 2009 s 1217I]
    • Section 1217IA – Calculation of profits or losses of sperate theatrical trade [CTA 2009 s 1217IA]
    • Section 1217IB – Income from the production [CTA 2009 s 1217IB]
    • Section 1217IC – Costs of the production [CTA 2009 s 1217IC]
    • Section 1217ID – When costs are taken to be incurred [CTA 2009 s 1217ID]
    • Section 1217IE – Pre-trading expenditure [CTA 2009 s 1217IE]
    • Section 1217IF – Estimates [CTA 2009 s 1217IF]
  • ▸ Amount of additional deduction (ss 1217J-1217JA)
    • Section 1217J – Amount of additional deduction [CTA 2009 s 1217J]
    • Section 1217JA – “Qualifying expenditure” [CTA 2009 s 1217JA]
  • ▸ Theatre tax credits (ss 1217K-1217KD)
    • Section 1217K – Theatre tax credit claimable if company has surrenderable loss [CTA 2009 s 1217K]
    • Section 1217KA – Amount of surrenderable loss [CTA 2009 s 1217KA]
    • Section 1217KB – Payment in respect of theatre tax credit [CTA 2009 s 1217KB]
    • Section 1217KC – Limit on State aid [CTA 2009 s 1217KC]
    • Companies in insolvency (s 1217KD)
  • ▸ Anti-avoidance etc. (ss 1217LA-1217LB)
    • Section 1217LA – Tax avoidance arrangements [CTA 2009 s 1217LA]
    • Section 1217LB – Transactions not entered into for genuine commercial reasons [CTA 2009 s 1217LB]
  • ▸ Use of losses (ss 1217M-1217MC)
    • Section 1217M – Application of sections 1217MA to 1217MC [CTA 2009 s 1217M]
    • Section 1217MA – Restriction on use of losses before completion period [CTA 2009 s 1217MA]
    • Section 1217MB – Use of losses in the completion period [CTA 2009 s 1217MB]
    • Section 1217MC – Terminal losses [CTA 2009 s 1217MC]
  • ▸ Provisional entitlement to relief (ss 1217N-1217NA)
    • Section 1217N – Provisional entitlement to relief [CTA 2009 s 1217N]
    • Section 1217NA – Clawback of provisional relief [CTA 2009 s 1217NA]
  • ▸ Interpretation (ss 1217O-1217OB)
    • Section 1217O – Activities involved in developing, producing, running or closing a production [CTA 2009 s 1217O]
    • Section 1217OA – “Company tax return” [CTA 2009 s 1217OA]
    • Section 1217OB – Index [CTA 2009 s 1217OB]
▸ Part 15D – Tax relief for production of orchestral concerts (ss 1217P-1217U)
  • ▸ Chapter 1 – Introduction (ss 1217P-1217PB)
    • Overview (s 1217P)
    • Interpretation (ss 1217PA-1217PB)
  • ▸ Chapter 2 – Taxation of activities of production company (ss 1217Q-1217QG)
    • Separate orchestral trade (ss 1217Q-1217QA)
    • Profits and losses of separate orchestral trade (ss 1217QB-1217QG)
  • ▸ Chapter 3 – Orchestra tax relief (ss 1217R-1217RM)
    • Introduction (s 1217R)
    • Companies qualifying for orchestra tax relief (ss 1217RA-1217RC)
    • Additional deduction (ss 1217RD-1217RF)
    • Orchestra tax credits (ss 1217RG-1217RK)
    • Companies in insolvency (s 1217RKA)
    • Anti-avoidance etc. (ss 1217RL-1217RM)
  • ▸ Chapter 4 – Losses of separate orchestral trade (ss 1217S-1217SC)
    • Section 1217S – Application of sections 1217SA to 1217SC [CTA 2009 S 1217S]
    • Section 1217SA – Restriction on use of losses before completion period [CTA 2009 s 1217SA]
    • Section 1217SB – Use of losses in the completion period [CTA 2009 s 1217SB]
    • Section 1217SC – Terminal losses [CTA 2009 s 1217SC]
  • ▸ Chapter 5 – Personal entitlement to relief (ss 1217T-1217TA)
    • Section 1217T – Provisional entitlement to relief [CTA 2009 s 1217T]
    • Section 1217TA – Clawback of provisional relief [CTA 2009 s 1217TA]
  • ▸ Chapter 6 – Interpretation (s 1217U)
    • Section 1217U – Interpretation
▸ Part 15E – Museums and galleries exhibition tax relief (ss 1218ZA-1218ZFA)
  • ▸ Chapter 1 – Introduction (ss 1218ZA-1218ZAD)
    • Overview (s 1218ZA)
    • Interpretation (ss 1218ZAA-1218ZAD)
  • ▸ Chapter 2 – Taxation of activities of production company (ss 1218ZB-1218ZBF)
    • Separate exhibition trade (s 1218ZB)
    • Profits and losses of separate exhibition trade (ss 1218ZBA-1218ZBF)
  • ▸ Chapter 3 – Museums and galleries exhibition tax relief (ss 1218ZC-1218ZCN)
    • Introduction (s 1218ZC)
    • Companies qualifying for museums and galleries exhibition tax relief (ss 1218ZCA-1218ZCD)
    • Additional deduction (ss 1218ZCE-1218ZCG)
    • Museums and galleries exhibition tax credits (ss 1218ZCH-1218ZCL)
    • Companies in insolvency (s 1218ZCLA)
    • Anti-avoidance etc. (ss 1218ZCM-1218ZCN)
  • ▸ Chapter 4 – Losses of separate exhibition trade (ss 1218ZD-1218ZDC)
    • Section 1218ZD – Application of sections 1218ZDA to 1218ZDC [CTA 2009 s 1218ZD]
    • Section 1218ZDA – Restriction on use of losses before completion period [CTA 2009 s 1218ZDA]
    • Section 1218ZDB – Use of losses in the completion period [CTA 2009 s 1218ZDB]
    • Section 1218ZDC – Terminal losses [CTA 2009 s 1218ZDC]
  • ▸ Chapter 5 – Provisional entitlement to relief (ss 1218ZE-1218ZEA)
    • Section 1218ZE – Provisional entitlement to relief [CTA 2009 s 1218ZE]
    • Section 1218ZEA – Clawback of provisional relief [CTA 2009 s 1218ZEA]
  • ▸ Chapter 6 – Interpretation (ss 1218ZF-1218ZFA)
    • Section 1218ZF – Regulations about activities in relation to an exhibition [CTA 2009 s 1218ZF]
    • Section 1218ZFA – Interpretation [CTA 2009 s 1218ZFA]
▸ Part 16 – Companies with investment business (ss 1218A-1255)
  • ▸ Chapter 1 – Introduction (ss 1218A-1218B)
    • Section 1218A – Overview of Part [CTA 2009 s 1218A]
    • Section 1218B – “Company with investment business” and “investment business” [CTA 2009 s 1218B]
  • ▸ Chapter 2 – Management expenses (ss 1219-1231)
    • Relief for expenses of management (ss 1219-1223A)
    • Accounting period to which expenses are referable (ss 1224-1227A)
    • Claw back of relief (ss 1228-1231)
  • ▸ Chapter 3 – Amounts treated as expenses of management (ss 1232-1246)
    • Preliminary (s 1232)
    • Excess capital allowances (s 1233)
    • Payments for restrictive undertakings (s 1234)
    • Seconded employees (s 1235)
    • Contributions to agents' expenses (s 1236)
    • Counselling and retraining expenses (ss 1237-1238)
    • Redundancy payments etc. (ss 1239-1243)
    • Contributions to local enterprise organisations or urban regeneration companies (s 1244)
    • Contributions to flood and coastal erosion risk management projects (s 1244A)
    • Export Credits Guarantee Department (s 1245)
    • Levies under FISMA 2000 (s 1246)
  • ▸ Chapter 4 – Rules restricting deductions (ss 1247-1251)
    • Section 1247 – Introduction [CTA 2009 s 1247]
    • Section 1248 – Expenses in connection with arrangements for securing a tax advantage [CTA 2009 s 1248]
    • Section 1249 – Unpaid remuneration [CTA 2009 s 1249]
    • Section 1250 – Unpaid remuneration: supplementary [CTA 2009 s 1250]
    • Section 1251 – Car hire [CTA 2009 s 1251]
  • ▸ Chapter 5 – Companies with investment business: receipts (ss 1252-1254)
    • Section 1252 – Industrial development grants [CTA 2009 s 1252]
    • Section 1253 – Contributions to local enterprise organisations or urban regeneration companies: disqualifying benefits [CTA 2009 s 1253]
    • Section 1253A – Contributions to flood and coastal erosion risk management projects: refunds etc. [CTA 2009 s 1253A]
    • Section 1254 – Repayments under FISMA 2000 [CTA 2009 s 1254]
  • ▸ Chapter 6 – Supplementary (ss 1255)
    • Section 1255 – Meaning of some accounting terms [CTA 2009 s 1255]
▸ Part 17 – Partnerships (ss 1256-1273A)
  • ▸ Introduction (ss 1256-1258A)
    • Section 1256 – Overview of Part [CTA 2009 s 1256]
    • Section 1257 – General provisions [CTA 2009 s 1257]
    • Section 1258 – Assessment of firms [CTA 2009 s 1258]
    • Section 1258A – Bare trusts [CTA 2009 s 1258A]
  • ▸ Calculation of partners' shares (ss 1259-1265)
    • Section 1259 – Calculation of firm’s profits and losses [CTA 2009 s 1259]
    • Section 1260 – Section 1259: supplementary [CTA 2009 s 1260]
    • Section 1261 – Accounting periods of firms [CTA 2009 s 1261]
    • Section 1262 – Allocation of firm’s profits or losses between partners [CTA 2009 s 1262]
    • Section 1263 – Profit-making period in which some partners have losses [CTA 2009 s 1263]
    • Section 1264 – Loss-making period in which some partners have profits [CTA 2009 s 1264]
    • Section 1264A – Excess profit allocation to non-individual partners etc [CTA 2009 s 1264A]
    • Section 1265 – Apportionment of profit share between partner’s accounting periods [CTA 2009 s 1265]
  • ▸ Firms with a foreign element (s 1266)
    • Section 1266 – Resident partners and double taxation agreements [CTA 2009 s 1266]
  • ▸ Adjustment on change of basis (ss 1267-1269)
    • Section 1267 – Various rules for trades and property businesses [CTA 2009 s 1267]
    • Section 1268 – Election for spreading under Chapter 14 of Part 3 [CTA 2009 s 1268]
    • Section 1269 – Interpretation of sections 1267 and 1268 [CTA 2009 s 1269]
  • ▸ Miscellaneous (ss 1270-1273A)
    • Section 1270 – Special provisions about farming and property income [CTA 2009 s 1270]
    • Section 1271 – Sale of patent rights: effect of partnership changes [CTA 2009 s 1271]
    • Section 1272 – Sale of patent rights: effect of later cessation of trade [CTA 2009 s 1272]
    • Section 1273 – Limited liability partnerships [CTA 2009 s 1273]
    • Section 1273A – Limited liability partnerships: salaried members [CTA 2009 s 1273A]
▸ Part 18 – Unremittable income (ss 1274-1278)
  • Section 1274 – Unremittable income: introduction [CTA 2009 s 1274]
  • Section 1275 – Claim for relief for unremittable income [CTA 2009 s 1275]
  • Section 1276 – Withdrawal of relief [CTA 2009 s 1276]
  • Section 1277 – Income charged on withdrawal of relief after source ceases [CTA 2009 s 1277]
  • Section 1278 – Valuing unremittable income [CTA 2009 s 1278]
▸ Part 19 – General exemptions (ss 1279-1287)
  • ▸ Profits from FOTRA securities (ss 1279-1282)
    • Section 1279 – Exemption of profits from securities free of tax to residents abroad (“FOTRA securities”) [CTA 2009 s 1279]
    • Section 1280 – Section 1279: supplementary provision [CTA 2009 s 1280]
  • ▸ Income from savings certificates (ss 1281-1282)
    • Section 1281 – Income from savings certificates [CTA 2009 s 1281]
    • Section 1282 – Income from Ulster Savings Certificates [CTA 2009 s 1282]
  • ▸ Miscellaneous (ss 1283-1287)
    • Section 1283 – Interest from tax reserve certificates [CTA 2009 s 1283]
    • Section 1284 – Housing grants [CTA 2009 s 1284]
    • Section 1285 – UK company distributions [CTA 2009 s 1285]
    • Section 1286 – VAT repayment supplements [CTA 2009 s 1286]
    • Section 1287 – Incentives to use electronic communications [CTA 2009 s 1287]
▸ Part 20 – General calculation rules (ss 1288-1310)
  • ▸ Chapter 1 – Restriction of deductions (ss 1288-1305A)
    • Unpaid remuneration (ss 1288-1289)
    • Employee benefit contributions (ss 1290-1297)
    • Business entertainment and gifts (ss 1298-1300)
    • Miscellaneous (ss 1301-1305A)
  • ▸ Chapter 2 – Other general rules (ss 1306-1309)
    • Miscellaneous profits and losses (ss 1306-1307)
    • Expenditure on research and development (s 1308)
    • Visiting performers (s 1309)
▸ Part 21 – Other general provisions (ss 1310-1330)
  • ▸ Orders and regulations (ss 1310-1311)
    • Section 1310 – Orders and regulations [CTA 2009 s 1310]
    • Section 1311 – Apportionment to different periods [CTA 2009 s 1311]
  • ▸ Interpretation (ss 1312-1321)
    • Section 1312 – Abbreviated references to Acts [CTA 2009 s 1312]
    • Section 1313 – Activities in UK sector of continental shelf [CTA 2009 s 1313]
    • Section 1314 – Meaning of “caravan” [CTA 2009 s 1314]
    • Section 1315 – Claims and elections [CTA 2009 s 1315]
    • Section 1316 – Meaning of “connected” persons and “control” [CTA 2009 s 1316]
    • Section 1317 – Meaning of “farming” and related expressions [CTA 2009 s 1317]
    • Section 1318 – Meaning of grossing up [CTA 2009 s 1318]
    • Section 1319 – Other definitions [CTA 2009 s 1319]
    • Section 1320 – Interpretation: Scotland [CTA 2009 s 1320]
    • Section 1321 – Interpretation: Northern Ireland [CTA 2009 s 1321]
  • ▸ Final provisions (ss 1322-1330)
    • Section 1322 – Minor and consequential amendments [CTA 2009 s 1322]
    • Section 1323 – Power to make consequential provision [CTA 2009 s 1323]
    • Section 1324 – Power to undo changes [CTA 2009 s 1324]
    • Section 1325 – Transitional provisions and savings [CTA 2009 s 1325]
    • Section 1326 – Repeals and revocations [CTA 2009 s 1326]
    • Section 1327 – Index of defined expressions [CTA 2009 s 1327]
    • Section 1328 – Extent [CTA 2009 s 1328]
    • Section 1329 – Commencement [CTA 2009 s 1329]
    • Section 1330 – Short Title [CTA 2009 s 1330]
▸ Schedules
  • ▸ Schedule 1 Minor and consequential amendments
    • Part 1 – Income and Corporation Taxes Act 1988 (paras 1-292)
    • Part 2 – Other enactments (paras 293-739)
  • ▸ Schedule 2 Transitionals And Savings
    • Part 1 – General Provisions (paras 1-9)
    • Part 2 – Changes in the Law (para 10)
    • Part 3 – Charge to Corporation Tax on Income (para 11)
    • Part 4 – Accounting Periods (para 12)
    • Part 5 – Company Residence: Exceptions to Section 14 (paras 13-15)
    • Part 6 – Trading Income (paras 16-34)
    • Part 7 – Property Income (paras 35-52)
    • Part 8 – Loan Relationships (paras 53-71)
    • Part 9 – Relationships Treated As Loan Relationships (paras 72-78)
    • Part 10 – Derivative Contracts (paras 79-99)
    • Part 11 – Intangible Fixed Assets (paras 100-102)
    • Part 12 – Beneficiaries' Income from Estates in Administration (paras 103-104)
    • Part 13 – Relief For Share Incentive Plans (paras 105-106)
    • Part 14 – Other Relief For Employee Share Acquisitions (paras 107-111)
    • Part 15 – Research And Development (paras 112-124)
    • Part 16 – Remediation Of Contaminated Land (paras 125-126)
    • Part 17 – Film Production (paras 127-132)
    • Part 18 – Management Expenses (para 133)
    • Part 19 – Unremittable Income (paras 134-135)
    • Part 20 – General Exemptions (para 136)
    • Part 21 – Other Provisions (paras 137-147)
  • ▸ Schedule 3 Repeals And Revocations
    • Part 1 – Repeals and revocations on 1 April 2009
    • Part 2 – Prospective repeals
  • Schedule 4 Index Of Defined Expressions
Part 6 – Relationships treated as loan relationships etc / Chapter 2 – Relevant non-lending relationships / Application of Part 5 to relevant non-lending relationships

Application of Part 5 to relevant non-lending relationships (ss 481-482)

Contents

  • Section 481 – Application of Part 5 to relevant non-lending relationships [CTA 2009 s 481] Section commentary
  • Section 482 – Miscellaneous rules about amounts to be brought into account because of this Chapter [CTA 2009 s 482] Section commentary

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