IntroductionU.K.
13(1)This Part provides for credits to be brought into account by a company for tax purposes in respect of—
(a)receipts in respect of intangible fixed assets that are recognised in the profit and loss account as they accrue (see paragraph 14),
(b)revaluation of an intangible fixed asset (see paragraph 15),
(c)credits recognised for accounting purposes in respect of negative goodwill (see paragraph 16), and
(d)the reversal of previous accounting debits in respect of an intangible fixed asset (see paragraph 17).
(2)This Part does not apply in relation to amounts brought into account in connection with the realisation of an intangible fixed asset within the meaning of Part 4.