Corporation Tax Act 2009 section 752

Charge to tax on non-trading gains on intangible fixed assets

Section 752 establishes that non-trading gains arising to a company on intangible fixed assets are subject to the charge to corporation tax on income.

• Non-trading gains on intangible fixed assets are chargeable to corporation tax as income
• This applies to gains that are not connected with a company's trade or business activities
• The charge covers profits from non-business related investments in intangible assets
• This provision ensures such gains have a clear charging basis within the Corporation Tax Act framework