Section 103 — Corporation Tax Act 2010: Meaning of “management expenses”

Meaning of “management expenses” 103 1 In section 99(1)(f) “ management expenses ” means expenses that are deductible for the surrender period under section 1219 of CTA 2009.

2 But it does not include—

a expenses that are deductible for the surrender period as a result of section 1223 of CTA 2009, or b amounts treated as expenses deductible for the surrender period as a result of section 63 above.