Section 1216B — Corporation Tax Act 2009: Activities of television production company treated as a separate trade

Activities of television production company treated as a separate trade 1216B 1 This Chapter applies for corporation tax purposes to a company that is the television production company in relation to a qualifying relevant programme.

2 The company's activities in relation to the programme are treated as a trade separate from any other activities of the company (including any activities in relation to any other qualifying relevant programme).

3 In this Chapter the separate trade is called “the separate programme trade”.

4 The company is treated as beginning to carry on the separate programme trade—

a when pre-production begins, or b if earlier, when any income from the relevant programme is received by the company.

5 In this section “ qualifying relevant programme ” means a relevant programme in relation to which the conditions for television tax relief are met (see section 1216C(2)).