CIRD12650 - Core computational rules: deductible debits: general matters and adjustments for tax purposes: deferral of deduction: payment of remuneration delayed
CTA09/PART8/S866 - 867
S866 and S867 contain rules equivalent to those in CTA09/S1250 and S1288-S1289 to defer corporation tax relief for remuneration paid more than nine months after the end of a period of account in which it is charged as an expense in a company’s accounts. In these circumstances the debit in question is deducted only for the period of account in which the remuneration is paid.
»Ê¹ÚÌåÓýapp remuneration within the scope of this provision is the same as that within the general corporation tax rules - see BIM47130 for guidance relating to FA89/S43 (now CTA09/S1288-S1289).
»Ê¹ÚÌåÓýapp procedural rules to be followed where computations are submitted at a time when the remuneration is still unpaid (but before the expiry of the nine month period) are also the same - see BIM47140.
This rule may be in point in connection with the remuneration of company staff in a department responsible for the company’s intangible assets where the expenditure falls within CIRD12250 (on the maintenance or enhancement of intangible fixed assets).