Income Tax Act 2007 (c. 3)

Part 2 U.K. Basic provisions

Chapter 1 U.K. Charges to income tax

5 Income tax and companies U.K.

(1) Income tax is not charged on income of a company so far as the company is within the charge to corporation tax in respect of the income.

(2) See in particular sections 6(2) and 11(1) of ICTA for the circumstances in which a company is within the charge to corporation tax in respect of its income.