1201 Film tax credit claimable if company has surrenderable loss
Corporation Tax Act 2009 (2009 c 4) | Legislation

Film tax credits

1201  Film tax credit claimable if company has surrenderable loss

(1)ÌýÌýÌýÌý If film tax relief is available to the company, it may claim a film tax credit for an accounting period in which it has a surrenderable loss.

(2)ÌýÌýÌýÌý The company's surrenderable loss in [an accounting period] ¾±²õ—

(a)ÌýÌýÌýÌý [the company's available loss] for

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Malus and clawback

Malus and clawbackFORTHCOMING CHANGE: On 18 March 2021, it was announced that the government was launching a consultation on wide-ranging reforms to modernise the country’s audit and corporate governance regime, targeting the UK’s biggest businesses and ensuring markets work effectively. In relation

LEXISNEXIS

Strict liability

Strict liabilityStrict liabilityWhen an offence does not require proof of a mental element it is an offence of strict liability. There are some common law offences of strict liability (eg public nuisance, outraging public decency and contempt) most though are statutory, arising often under

LEXISNEXIS

Money laundering offences—tipping off and prejudicing an investigation

Money laundering offences—tipping off and prejudicing an investigationTipping off and prejudicing an investigationIt would undermine the benefit to the authorities if, a suspicious activity report (SAR) having been made, the alleged offender were to be made aware of the interest in their activities

LEXISNEXIS

Possession of a bladed article

Possession of a bladed articleThe offence of possession of a bladed articleThe offence of having a bladed article in a public place can be tried in either the magistrates' court or the Crown Court. The magistrates' court will decline jurisdiction in those cases where it appears that its powers of