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Legislation
Corporation Tax Act 2010

Crossheading Tax relief for theatrical productions

  • Section 357UA Northern Ireland additional deduction
  • Section 357UB Northern Ireland supplementary deduction
  • Section 357UC Northern Ireland supplementary deduction: amount
  • Section 357UD Tax credit: Northern Ireland supplementary deduction ignored
  • Section 357UE Transactions not entered into for genuine commercial reasons
  1. Tax relief for theatrical productions
  2. Tax credit: Northern Ireland supplementary deduction ignored

Section 357UD | Tax credit: Northern Ireland supplementary deduction ignored

From legislation.gov.uk

For the purpose of determining the available loss of a company under section 1217KA of CTA 2009 (amount of surrenderable loss) for any accounting period, any Northern Ireland supplementary deduction made by the company in the period (and any Northern Ireland supplementary deduction made in any previous accounting period) is to be ignored.

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