PART 8B Trading profits taxable at the Northern Ireland rate

CHAPTER 17 Excluded trades, excluded activities and back-office activities

Excluded trades

357XD Insurance: long-term business
A trade is an “excluded trade” if it consists of or includes long-term business (within the meaning given by section 63(1) of FA 2012).
Pt. 8B inserted (with effect in accordance with s. 5 of the amending Act) by Corporation Tax (Northern Ireland) Act 2015 (c. 21), s. 1