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New legislation for Corporation Tax

Summary

The 'Corporation Tax Act 2009' received Royal Assent on 26 March 2009. It is an Act to restate, with minor changes, certain enactments relating to corporation tax; and for connected purposes.

The Act is divided into 21 parts, which cover:

  • Part 1 - Introduction
  • Part 2 - Charge to Corporation Tax: Basic Provisions
  • Part 3 - Trading Income
  • Part 4 - Property Income
  • Part 5 - Loan Relationships
  • Part 6 - Relationships Treated as Loan Relationships, Etc
  • Part 7 - Derivative Contracts
  • Part 8 - Intangible Fixed Assets
  • Part 9 - Intellectual Property: Know-how and Patents
  • Part 10 - Miscellaneous Income
  • Part 11 - Relief for Particular Employee Share Acquisition Schemes
  • Part 12 - Other Relief for Employee Share Acquisitions
  • Part 13 - Additional Relief for Expenditure on Research and Development
  • Part 14 - Remediation of Contaminated Land
  • Part 15 - Film Production
  • Part 16 - Companies with Investment Business
  • Part 17 - Partnerships
  • Part 18 - Unremittable Income
  • Part 19 - General Exemptions
  • Part 20 - General Calculation Rules
  • Part 21 - Other General Provisions.

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Law-Making Explained

This is an Act. It is the Corporation Tax Act 2009.

Find out more about Acts.

How does it affect me?

Limited companies and some organisations are liable for Corporation Tax. If your company or organisation is liable for Corporation Tax, this affects you.

Further Reading

Find out more about Corporation Tax from HM Revenue & Customs


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