Statute
Section 269ZW — Corporation Tax Act 2010: Deductions allowance for company not in a group
Text of the provision Official document
Deductions allowance for company not in a group 269ZW 1 This section makes provision as to the deductions allowance of a company for an accounting period where section 269ZR (deductions allowance for company in a group) does not apply.
2 The company's deductions allowance for the accounting period is £5,000,000.
3 If the accounting period is less than 12 months, the company's deductions allowance for the period is proportionally reduced.
4 See section 269ZYA for further provision about the deductions allowance for a company without a source of chargeable income.
Official source: legislation.gov.uk
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