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Legislation
Corporation Tax Act 2009

Crossheading Charge to tax on post-cessation receipts

  • Section 280 Charge to tax on post-cessation receipts
  • Section 281 Extent of charge to tax
  1. Charge to tax on post-cessation receipts
  2. Extent of charge to tax

Section 281 | Extent of charge to tax

From legislation.gov.uk

(1)A post-cessation receipt is chargeable to tax under this Chapter only so far as the receipt is not otherwise chargeable to corporation or income tax.

(2)Accordingly, a post-cessation receipt arising from a UK property business is not chargeable to tax under this Chapter so far as it is brought into account in calculating the profits of the business of any period.

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