# Corporation Tax Act 2009, Section 1137: Accounting periods: company not within charge to corporation tax

Extent: E+W+S+N.I.

(1) This section applies to a company if—
(a) it is not within the charge to corporation tax, and
(b) it incurs qualifying Chapter 2 expenditure ... .
(2) For the purposes of this Part the company is treated as having the accounting periods it would have if—
(a) it carried on a trade consisting of the activities in respect of which the expenditure is incurred, and
(b) it had started to carry on that trade when it started to carry on relevant research and development.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/1137 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-1137
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.