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Legislation
Corporation Tax Act 2009

Crossheading Supplementary

  • Section 1060 Use of credit to pay corporation tax
  • Section 1061 Tax credit payment not income of company
  • Section 1062 Restriction on losses carried forward where tax credit claimed
  • Section 1062A Insurance company to be treated as large company
  1. Supplementary
  2. Tax credit payment not income of company

Section 1061 | Tax credit payment not income of company

From legislation.gov.uk

A payment in respect of an R&D tax credit under this Chapter is not income of the company for any tax purposes.

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