Corporation Tax Act 2010 section 357TA

Northern Ireland additional deduction

Section 357TA defines what constitutes a "Northern Ireland additional deduction" in the context of video games tax relief and confirms that it forms part of a company's Northern Ireland profits or losses.

• A Northern Ireland additional deduction is a specific type of deduction available under video games tax relief provisions.
• The deduction applies only where the qualifying expenditure is Northern Ireland expenditure.
• The deduction is calculated based on qualifying expenses incurred solely in Northern Ireland.
• The Northern Ireland additional deduction forms part of either the Northern Ireland profits or Northern Ireland losses of the separate video game trade.