Corporation Tax Act 2009 section 807A

Assets representing expenditure on separate creative production trade

Section 807A excludes certain intangible fixed assets from the intangible fixed assets regime where they relate to expenditure within a company's separate creative industry trade.

• The intangible fixed assets rules in this Part do not apply to assets linked to creative industry trades
• This covers companies treated as carrying on a separate trade under the creative industry provisions (Parts 14A to 15E of the Act)
• The creative industries covered include film, television, video games, theatre, orchestral concerts, and museum and gallery exhibitions
• The exclusion applies only to the extent the intangible asset represents expenditure of that separate creative trade