Corporation tax receipts and deductions

Legislation/Regulatory – ITTOIA2005 s. 296, 297, 298

Deductions

Dealing with land as property employed for purposes of trade

Legislation/Regulatory – CTA2009 s. 65

Dealing with land, not occupying land

Legislation/Regulatory – CTA2009 s. 65

Generally

Legislation/Regulatory – CTA2009 s. 62

Limit on reductions and deductions

Legislation/Regulatory – CTA2009 s. 235

Mineral extraction allowance

Legislation/Regulatory – CTA2009 s. 64

Occupying land for purposes of trade

Legislation/Regulatory – CTA2009 s. 63 ; FA2013 Sch. 28, para. 6

Restriction on expenses, additional calculation rule

Legislation/Regulatory – CTA2009 s. 233

Restriction on expenses, lease part of premises

Legislation/Regulatory – CTA2009 s. 67, 234
HMRC Guidance – PIM2240 ; PIM2250

Restrictions on expenses, lease premiums

Legislation/Regulatory – CTA2009 s. 66

Treated as incurring expenses

Legislation/Regulatory – CTA2009 s. 231, 232, 234 ; FA2013 Sch. 28, para. 7
HMRC Guidance – CG71016 ; PIM1106 ; PIM2240 ; PIM2250 ; PIM2300

Property income, deductions

Additional calculation rule

Legislation/Regulatory – ITTOIA2005 s. 293

Generally

Legislation/Regulatory – FA2013 Sch. 28, para. 3 ; ITTOIA2005 s. 291, 292
HMRC Guidance – CG71016 ; PIM2240 ; PIM2250 ; PIM2300

Lease of part of premises

Legislation/Regulatory – ITTOIA2005 s. 294
HMRC Guidance – PIM2240 ; PIM2250

Limit on reductions and deductions

Legislation/Regulatory – ITTOIA2005 s. 295

Trading income, deductions

Corporation tax receipts

Legislation/Regulatory – ITTOIA2005 s. 66, 67

Expenses incurred

Legislation/Regulatory – FA2013 Sch. 28, para. 2 ; ITTOIA2005 s. 61
HMRC Guidance – BIM15025 ; BIM46350 ; BIM46355 ; BIM60060 ; BIM60150 ; CG71200

Generally

Legislation/Regulatory – ITTOIA2005 s. 60

Lease premium receipts

Legislation/Regulatory – ITTOIA2005 s. 64

Mineral extraction allowances

Legislation/Regulatory – ITTOIA2005 s. 62

Part of premises leased

Legislation/Regulatory – ITTOIA2005 s. 65
HMRC Guidance – BIM46270

Property employed for purposes of trade

Legislation/Regulatory – ITTOIA2005 s. 63
HMRC Guidance – BIM46255 ; BIM46265