Corporation Tax Act 2010 section 357SA

Northern Ireland additional deduction

Section 357SA defines what constitutes a "Northern Ireland additional deduction" in the context of television production tax relief and confirms how it feeds into the calculation of Northern Ireland profits or losses.

• A Northern Ireland additional deduction is a deduction available under section 1216CF of CTA 2009 where the qualifying expenditure counts as Northern Ireland expenditure.
• The deduction applies specifically within the context of television production tax relief.
• The deduction forms part of the Northern Ireland profits or losses of the separate programme trade.
• This ensures that qualifying Northern Ireland expenditure on television production receives appropriate recognition when computing the Northern Ireland element of a company's trading results.