Corporation Tax Act 2010 section 196

Associated benefits: meaning

Section 196 defines when a benefit is considered to be "associated" with a payment made by a company to a charity, for the purposes of this Chapter.

• A benefit is associated with a payment if two conditions are both met.
• The benefit must be received either by the company that made the payment, or by a person associated with that company.
• The benefit must have been received as a consequence of making the payment.
• This definition is relevant to the wider rules in this Chapter that restrict tax relief where associated benefits arise from charitable payments.