Corporation Tax Act 2010 section 329I

Additional supplement in respect of a pre-commencement accounting period

Section 329I provided rules for calculating an additional supplement payable in respect of accounting periods that began before the commencement of the relevant provisions, but this section has been repealed.

• Section 329I was part of Chapter 5A (sections 329A–329T) of the Corporation Tax Act 2010, which dealt with supplementary provisions relating to certain tax calculations.
• The entire Chapter 5A was repealed by Finance Act 2015, under section 47 and Schedule 11, paragraph 13.
• The repeal took effect in relation to accounting periods ending on or after 5 December 2013, meaning the provisions have no application to any such periods.
• Accountants should note that any historical calculations under this section for periods ending before 5 December 2013 may still be relevant, but no new application of these rules is possible.