{
  "url": "https://openlegislation.uk/corporation-tax-act-2009/section-210",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2009/section-210.json",
  "legislation": "ukpga/2009/4",
  "legislation_title": "Corporation Tax Act 2009",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2009",
  "path": "section/210",
  "kind": "section",
  "number": "210",
  "heading": "Profits of a property business: application of trading income rules",
  "text": "(1) The profits of a property business are calculated in the same way as the profits of a trade.\n(2) But the provisions of Part 3 (trading income) which apply as a result of subsection (1) are limited to the following—\nIn Chapter 3 (basic rules)—\nsection 46\ngenerally accepted accounting practice\nsection 47\nlosses calculated on same basis as profits\nsection 48\nreceipts and expenses\nsection 49A\nmoney's worth\nsection 52\napportionment etc of profits and losses to accounting period\nIn Chapter 4 (rules restricting deductions)—\nsection 53\ncapital expenditure\nsection 54\nexpenses not wholly and exclusively for trade and unconnected losses\nsection 55\nbad debts\nsections 56 to 58B\ncar ... hire\nsection 59\npatent royalties\nIn Chapter 5 (rules allowing deductions)—\nsection 61\npre-trading expenses\n. . .\n. . .\nsection 69\npayments for restrictive undertakings\nsections 70 and 71\nseconded employees\nsection 72\npayroll deduction schemes: contributions to agents' expenses\nsections 73 to 75\ncounselling and retraining expenses\nsections 76 to 81\nredundancy payments etc\nsections 82 to 86\ncontributions to local enterprise organisations or urban regeneration companies\nsections 86A and 86B\ncontributions to flood and coastal erosion risk management projects\nsections 87 and 88\nscientific research\nsections 89 and 90\nexpenses connected with patents, designs and trade marks\nsection 91\npayments to Export Credits Guarantee Department\nsection 92\nlevies under FISMA 2000\nsection 92A\ndeductions in relation to salaried members of limited liability partnerships\nIn Chapter 6 (receipts)—\nsection 93\ncapital receipts\nsection 94\ndebts incurred and later released\nsection 101\ndistribution of assets of mutual concerns\nsection 102\nindustrial development grants\nsection 103\nsums recovered under insurance policies etc\nsection 104\nrepayments under FISMA 2000\nIn Chapter 7 (gifts to charities etc)—\nsection 108\nreceipt of benefits by donor or connected person\nIn Chapter 9 (other specific trades)—\nsection 131\nincidental costs of issuing qualifying shares (building societies)\nsection 133\nannual payments paid by a credit union\nIn Chapter 12 (deductions from profits)—\nsections 172 to 175\nunremittable amounts",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 210(2) table inserted (with effect in accordance with s. 71(7) of the amending Act) by Finance Act 2016 (c. 24), s. 71(6)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Figure in s. 210(2) substituted (with effect in accordance with Sch. 11 paras. 65-67 of the commencing Act) by Finance Act 2009 (c. 10), Sch. 11 para. 52(a)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in s. 210(2) omitted (with effect in accordance with Sch. 11 paras. 65-67 of the commencing Act) by virtue of Finance Act 2009 (c. 10), Sch. 11 para. 52(b)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in s. 210(2) table omitted (with effect in accordance with s. 72(4)(5) of the amending Act) by virtue of Finance Act 2016 (c. 24), s. 72(3)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in s. 210(2) table inserted (with effect in accordance with Sch. 5 para. 9 of the amending Act) by Finance Act 2015 (c. 11), Sch. 5 para. 4"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Words in s. 210(2) table inserted (6.4.2014) by Finance Act 2014 (c. 26), Sch. 17 paras. 4(3), 6"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/4/section/210",
    "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."
}