Section 839 — Corporation Tax Act 2010: Deduction ... not to exceed commercial rent

Deduction ... not to exceed commercial rent 839 1 Subsection (3) applies to the calculation of the amount to be taken into account as mentioned in section 835(2)(c) or 836(2)(c) in respect of the non-excluded element of the payment within section 835(2) or 836(2).

2 For the purposes of this section the non-excluded element of a payment is the element of the payment not excluded under section 843 (service charges etc).

3 The amount of the payment to be taken into account must not exceed the commercial rent for the period for which the payment is made (see section 844 or 845).