CTM02110 | Corporation Tax: computation of income: special rules: grant relief in Northern Ireland

CTA09/S102 (2) & S1252 (2)

Under Article 7 of the Industrial Development (Northern Ireland) Order 1982, a grant may be paid to companies registered in Northern Ireland as reimbursement of CT paid on profits from certain approved projects. CTA09/S102 (2) and S1252 (2) ensure that such a grant paid on or after 1 April 1984 is not taxable.