{
  "url": "https://openlegislation.uk/corporation-tax-act-2009/schedule-2/paragraph-126",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2009/schedule-2/paragraph-126.json",
  "legislation": "ukpga/2009/4",
  "legislation_title": "Corporation Tax Act 2009",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2009",
  "path": "schedule/2/paragraph/126",
  "kind": "paragraph",
  "number": "126",
  "heading": null,
  "text": "(1) In its application to expenditure incurred—\n(a) before 1 April 2004, and\n(b) in an accounting period ending on or after 6 April 2003,\nsection 1170 has effect with the following modification.\n(2) For subsections (2) and (3) substitute—\n“(2) This subsection applies to earnings paid by the company to directors or employees of the company.\nFor this purpose “earnings” means earnings or amounts treated as earnings which constitute employment income (see section 7(2)(a) or (b) of ITEPA 2003).”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/4/schedule/2/paragraph/126",
    "retrieved_at": "2026-10-29T09:11:19.560467+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}