SCHEDULE 9 Miscellaneous Provision
Finance Act 2022 (2022 c 3) | Legislation

SCHEDULE 9 Miscellaneous Provision

Section 49

Residential property developer tax to be ignored for corporation tax purposes

1

In calculating profits or losses for corporation tax purposes, no deduction is allowed in respect of RPDT.

Payments made for RPDT reliefs to be ignored for corporation tax purposes

2

An amount which is, as a result of section 40(5) or paragraph 19 of Schedule 7, not to be taken account in determining profits or losses under section 39 (adjusted trading profits and losses)—

(a)

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