Corporation Tax Act 2010
Sections and provisions with full text and the judgments that cite each one.
Section 188FD — Other definitions
Other definitions 188FD 1 In this Part— “ the claimant company ” has the meaning given by section 188CB(2) or 188CC(2), “ the claim period ” has the meaning given by section 188CB(2) or 188CC(2), “…
Section 188BE — Restriction where surrendering company could use losses etc itself
Restriction where surrendering company could use losses etc itself 188BE The surrendering company may not surrender under this Chapter any loss or other amount carried forward to the surrender period…
Section 188CE — The group condition
The group condition 188CE 1 The group condition is met if the surrendering company and the claimant company— a are members of the same group of companies, and b are both UK related. 2 For the meaning…
Section 188DE — Previously claimed group relief for carried-forward losses
Previously claimed group relief for carried-forward losses 188DE 1 To determine the amount of previously claimed group relief for carried-forward losses for the overlapping period— a identify any…
Section 188EE — Previously claimed group relief for carried-forward losses
Previously claimed group relief for carried-forward losses 188EE 1 To determine the amount of previously claimed group relief for carried-forward losses for the overlapping period— a identify any…
Section 188BF — Restriction where surrendering company has no income-generating assets
Restriction where surrendering company has no income-generating assets 188BF The surrendering company may not surrender any losses or other amounts under this Chapter if at the end of the surrender…
Section 188CF — Consortium condition 1
Consortium condition 1 188CF 1 Consortium condition 1 is met if— a the claimant company is a trading company or a holding company, b the claimant company is owned by a consortium, c the surrendering…
Section 188DF — Sections 188DC to 188DE: supplementary
Sections 188DC to 188DE: supplementary 188DF 1 If two or more claims for group relief for carried-forward losses are made at the same time, for the purpose of section 188DC and 188DE treat the claims…
Section 188EF — The potential Part 5 group relief amount
The potential Part 5 group relief amount 188EF 1 The potential Part 5 group relief amount is determined as follows— Step 1 Calculate the maximum amount of group relief that could have been given to…
Section 188BG — Restrictions for certain insurance companies
Restrictions for certain insurance companies 188BG 1 If the surrendering company is a general insurance company and the surrender period is an excluded accounting period, the company may not…
Section 188CG — Consortium condition 2
Consortium condition 2 188CG 1 Consortium condition 2 is met if— a the claimant company is a trading company or a holding company, b the claimant company is owned by a consortium, c the surrendering…
Section 188DG — Sections 188DC and 188DE: meaning of “the overlapping period”
Sections 188DC and 188DE: meaning of “the overlapping period” 188DG 1 In sections 188DC and 188DE “ the overlapping period ”, in relation to a claim for group relief for carried-forward losses, means…
Section 188EG — Sections 188EC to 188EE: supplementary
Sections 188EC to 188EE: supplementary 188EG 1 If two or more claims for group relief for carried-forward losses are made at the same time, for the purpose of section 188EC and 188EE treat the claims…
Section 188BH — Restriction on surrender of losses etc made when UK resident
Restriction on surrender of losses etc made when UK resident 188BH 1 This section applies in relation to a loss or other amount carried forward to the surrender period if the surrendering company was…
Section 188CH — Consortium condition 3
Consortium condition 3 188CH 1 Consortium condition 3 is met if— a the surrendering company is a trading company or a holding company, b the surrendering company is owned by a consortium, c the…
Section 188DH — Condition 1: ownership proportion
Condition 1: ownership proportion 188DH 1 This section applies if— a the claimant company makes a claim under section 188CB for group relief for carried-forward losses, and b the claim is based on…
Section 188EH — Sections 188EC and 188EE: meaning of “the overlapping period”
Sections 188EC and 188EE: meaning of “the overlapping period” 188EH 1 In sections 188EC and 188EE “ the overlapping period ”, in relation to a claim for group relief for carried-forward losses, means…
Section 188BI — Restriction on surrender of losses made when non-UK resident
Restriction on surrender of losses made when non-UK resident 188BI 1 This section applies in relation to a loss or other amount carried forward to the surrender period if during the loss-making…
Section 188CI — Consortium condition 4
Consortium condition 4 188CI 1 Consortium condition 4 is met if— a the surrendering company is a trading company or a holding company, b the surrendering company is owned by a consortium, c the…
Section 188DI — Condition 2: ownership proportion
Condition 2: ownership proportion 188DI 1 This section applies if— a the claimant company makes a claim under section 188CB for group relief for carried-forward losses, and b the claim is based on…
Section 188EI — Condition 4: companies in link company's group
Condition 4: companies in link company's group 188EI 1 Where— a the claimant company makes a claim under section 188CC, and b the claim is based on consortium condition 4 the amount of relief to be…
Section 188BJ — Restriction on surrender losses etc made when dual resident
Restriction on surrender losses etc made when dual resident 188BJ The surrendering company may not surrender a loss or other amount under this Chapter if the company was not eligible to surrender the…
Section 188CJ — Meaning of “ UK related” company
Meaning of “ UK related” company 188CJ For the purpose of sections 188CE to 188CI a company is UK related if— a it is a UK resident company, or b it is a non-UK resident company within the charge to…
Section 188DJ — Condition 2: companies in link company's group
Condition 2: companies in link company's group 188DJ 1 Where— a the claimant company makes a claim under section 188CB, and b the claim is based on consortium condition 2, the amount of relief to be…
Section 188EJ — Condition 3 or 4: surrendering company not controlled by claimant company etc
Condition 3 or 4: surrendering company not controlled by claimant company etc 188EJ 1 This section applies if— a the claimant company makes a claim under section 188CC for group relief for…
Section 188CK — Deductions from total profits
Deductions from total profits 188CK 1 If a claimant company makes a claim under section 188CB or 188CC, the group relief for carried-forward losses is given by the making of a deduction from the…
Section 188DK — Conditions 1 and 2: claimant company not controlled by surrendering company etc
Conditions 1 and 2: claimant company not controlled by surrendering company etc 188DK 1 This section applies if— a the claimant company makes a claim under section 188CB for group relief for…
Section 188EK — Condition 3 or 4: surrendering company in group of companies
Condition 3 or 4: surrendering company in group of companies 188EK 1 This section applies if— a the claimant company makes a claim under section 188CC for group relief for carried-forward losses, and…
Section 188DL — Conditions 1 and 2: claimant company in group of companies
Conditions 1 and 2: claimant company in group of companies 188DL 1 This section applies if— a the claimant company makes a claim under section 188CB based on consortium condition 1 or 2, and b the…
Section 189 — 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…
Section 190 — Qualifying charitable donations: meaning
Qualifying charitable donations: meaning 190 1 The following are qualifying charitable donations for corporation tax purposes— a payments which are qualifying payments for the purposes of Chapter 2…
Section 191 — Qualifying payments
Qualifying payments 191 1 A payment made to a charity by a company is a qualifying payment for the purposes of this Chapter if each of conditions A to F is met. 2 Condition A is that the payment is a…
Section 192 — Condition as to repayment
Condition as to repayment 192 1 If— a a company makes a payment to a charity (“the charitable payment”), b the charity makes a payment to the company (“the repayment”), and c each of conditions A to…
Section 193 — Associated acquisition etc
Associated acquisition etc 193 1 A payment is disqualified under this section if— a it is conditional on an acquisition of property by the charity from the company or a person associated with the…
Section 194 — Distributions
Distributions 194 1 A payment is disqualified under this section if it is to be regarded as a distribution by reason of any provision of the Taxes Acts (within the meaning of TMA 1970) except section…
Section 195 — Associated benefits
Associated benefits 195 1 A payment is disqualified under this section if— a benefits are associated with the payment, and b the restrictions on benefits associated with a payment are breached. 2…
Section 196 — Associated benefits: meaning
Associated benefits: meaning 196 For the purposes of this Chapter a benefit is associated with a payment if— a it is received by the company which made the payment or by a person associated with the…
Section 197 — Restrictions on associated benefits
Restrictions on associated benefits 197 1 For the purposes of this Chapter the restrictions on benefits associated with a payment are breached if condition A or B is met. 2 Condition A is that the…
Section 198 — Payments and benefits linked to periods of less than 12 months
Payments and benefits linked to periods of less than 12 months 198 1 This section modifies the application of section 197(2) in relation to a payment if condition A, B, C or D is met. 2 Condition A…
Section 199 — Payment attributed to earlier accounting period
Payment attributed to earlier accounting period 199 1 This section applies if— a a company makes a qualifying payment, b the company is wholly owned by a charity, and c the company makes a claim for…
Section 200 — Company wholly owned by a charity
Company wholly owned by a charity 200 1 For the purposes of this Chapter a company is wholly owned by a charity if condition A or B is met. 2 Condition A is that— a the company has an ordinary share…
Section 201 — Associated persons
Associated persons 201 For the purposes of this Chapter a person is associated with a company if the person is connected with— a the company, or b a person connected with the company.
Section 202 — “Charity”
“Charity” 202 In this Chapter “ charity ” includes — a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . aa a registered club, b a scientific research association (as defined in section…
Section 202A — “Registered club”
“Registered club” 202A In this Chapter “ registered club ” has the meaning given by section 658(6) (clubs registered as community amateur sports clubs).
Section 202B — Restriction on relief for payments to community amateur sports clubs
Restriction on relief for payments to community amateur sports clubs 202B 1 Subsection (2) applies if— a one or more qualifying payments are made by a company to a registered club (“the club”) in an…
Section 202C — “Inflated member-related expenditure”
“Inflated member-related expenditure” 202C 1 This section applies for the purposes of section 202B. 2 “ Inflated member-related expenditure ” means— a employment expenditure incurred in respect of…
Section 203 — Certain disposals of investments
Certain disposals of investments 203 1 This section applies if— a a company disposes of the whole of the beneficial interest in a qualifying investment to a charity, b the disposal is otherwise than…
Section 204 — Meaning of qualifying investment
Meaning of qualifying investment 204 1 In this Chapter “ qualifying investment ” means any of the following— a shares or securities which are listed on a recognised stock exchange or dealt in on a…
Section 205 — Meaning of qualifying interest in land
Meaning of qualifying interest in land 205 1 In this Chapter “ qualifying interest in land ” means— a a freehold interest in land in the United Kingdom, or b a leasehold interest in land in the…
Section 206 — The relievable amount
The relievable amount 206 1 If the disposal is a gift, the relievable amount is given by the formula— V + I C - B where— V is the value of the net benefit to the charity at, or immediately after, the…