Section 189 — Corporation Tax Act 2010: Relief for qualifying charitable donations

Relief for qualifying charitable donations 189 1 Qualifying charitable donations made by a company are allowed as deductions from the company's total profits in calculating the corporation tax chargeable for an accounting period.

2 They are deducted from the company's total profits for the period after any other relief from corporation tax other than group relief and group relief for carried-forward losses .

3 The amount of the deduction is limited to the amount that reduces the company's taxable total profits for the period to nil.

4 Except as otherwise provided, a deduction is allowed only in respect of qualifying charitable donations made by the company in the accounting period concerned.

5 The above provisions are subject to Chapter 2A of this Part, section 939F and to any other express exceptions in the Corporation Tax Acts.