Corporation Tax Act 2009 (c. 4)

Valid from 01/04/2009

Part 8 U.K. Intangible fixed assets

Chapter 6 U.K. How credits and debits are given effect

Introductory U.K.

746 “Non-trading credits” and “non-trading debits” U.K.

(1) In this Part credits and debits in respect of intangible fixed assets that are not within sections 747 to 749 are referred to respectively as “non-trading credits” and “non-trading debits”.

(2) See also—

(a) section 781(5) (character of credits and debits brought into account as a result of section 780),

(b) section 792(5) (reallocation of charge within group), and

(c) section 901(3) (insurance companies: effect of application of the I minus E basis: non-trading amounts).