Corporation Tax Act 2009 section 1287

Incentives to use electronic communications

Section 1287 exempts from corporation tax any incentives received for using electronic communications under regulations made in accordance with Schedule 38 to the Finance Act 2000.

• Incentives received for using electronic communications are exempt from corporation tax
• The exemption applies to incentives provided under regulations made under Schedule 38 to the Finance Act 2000
• No corporation tax liability arises in respect of anything received by way of such incentives
• An equivalent income tax exemption exists for individuals under section 778 of ITTOIA