Section 357QA | Additional deduction ^F1

(1)This section applies where—^F1

(a)a company is entitled to corporation tax relief under section 1149 of CTA 2009 (additional deduction for qualifying land remediation expenditure) for an accounting period in relation to any qualifying land remediation expenditure,^F1

(b)the company is a Northern Ireland company in the period, and^F1

(c)some or all of the qualifying land remediation expenditure is Northern Ireland qualifying land remediation expenditure.^F1

(2)Section 1149(8) of CTA 2009 (amount of additional deduction) has effect, in relation to the Northern Ireland qualifying land remediation expenditure, as if the percentage specified in that provision were the adjusted percentage.^F1

(3)For the purposes of this section “the adjusted percentage” means—^F1

(4)So much of the additional deduction under section 1149 of CTA 2009 as is (by virtue of this section) calculated by reference to the adjusted percentage forms part of the Northern Ireland profits or Northern Ireland losses of the trade.^F1