# Corporation Tax Act 2009, Section 1227: Accounts not drawn up


(1) If—
(a) a company does not draw up accounts, or does not draw them up for a particular period, and
(b) as a result, expenses of management are not referable to an accounting period under section 1225 or 1226,
take the following steps to determine the accounting period to which they are referable.
(2) The steps are—
Step 1
Assume that for each accounting period of the company that does not coincide with, or fall within, any period of account there is a period of account that coincides with it.
Step 2
If it would be in accordance with UK generally accepted accounting practice to debit the expenses of management, or any part of them, in accounts drawn up by the company for that deemed period of account, assume that they are so debited.
Step 3
Making those assumptions, apply section 1225(1).

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/1227 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-1227
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.