# Corporation Tax Act 2009, Section 1217J: Amount of additional deduction

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

(1) The amount of an additional deduction to which a company is entitled as a result of a claim under section 1217H is calculated as follows.
(2) For the first period of account during which the separate theatrical trade is carried on, the amount of the additional deduction is E, where—
E is—
(a)so much of the qualifying expenditure incurred to date as is UK expenditure, or
(b)if less, 80% of the total amount of qualifying expenditure incurred to date.
(3) For any period of account after the first, the amount of the additional deduction is—
E− Pwhere—
E is—
(a)so much of the qualifying expenditure incurred to date as is UK expenditure, or
(b)if less, 80% of the total amount of qualifying expenditure incurred to date, and
P is the total amount of the additional deductions given for previous periods.
(4) The Treasury may by regulations amend the percentage specified in subsection (2) or (3).

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/1217J (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-1217J
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.