Corporation Tax Act 2009 section 149D

Allowable deductions: inscriptions

Section 149D sets out the deductions that a crematorium or memorial business can claim against its trading profits when it sells inscriptions on memorials.

• Where proceeds from selling inscriptions are included in trading profits, the direct costs of making the inscription are deductible.
• Where an inscription is added to an existing framework designed to hold more than one inscription, a further deduction of two-thirds of the associated framework costs is allowed.
• Associated framework costs are calculated by dividing the framework cost by the total number of inscriptions it can hold, plus (where applicable) the building cost divided by the total number of memorials the building can accommodate.
• This section does not apply where the inscription forms part of producing a complete memorial, which is instead covered by section 149C.