Corporation Tax Act 2009 section 1040

Relief may be available under more than one Chapter of Part

Section 1040 confirms that the same expenditure can potentially qualify for tax relief under more than one Chapter within this Part of the Act.

• A single item of expenditure is not automatically restricted to relief under just one Chapter of this Part.
• Where expenditure meets the conditions of more than one Chapter, relief may be claimed under each qualifying Chapter.
• This principle of "double relief" allows companies to maximise the tax relief available for eligible spending.
• The provision is derived from earlier rules in Schedules 12 and 13 to the Finance Act 2002.