{
  "url": "https://openlegislation.uk/corporation-tax-act-2009/section-192",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2009/section-192.json",
  "legislation": "ukpga/2009/4",
  "legislation_title": "Corporation Tax Act 2009",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2009",
  "path": "section/192",
  "kind": "section",
  "number": "192",
  "heading": "Debts paid after cessation",
  "text": "(1) This section applies if, in calculating the profits of a trade for corporation or income tax purposes, a deduction is made in respect of a debt under—\n(a) section 55 (bad debts), or\n(b) section 35 of ITTOIA 2005 (bad and doubtful debts),\nand a person permanently ceases to carry on the trade.\n(2) A sum received after the cessation is treated as a post-cessation receipt so far as the deduction is made.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/4/section/192",
    "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."
}