# Corporation Tax Act 2009, Section 212: Items treated as receipts and expenses


The rules for calculating the profits of a property business need to be read with—
(a) the provisions of CAA 2001 which treat allowances as expenses of a property business,
(b) the provisions of CAA 2001 which treat charges as receipts of a property business, and
(c) section 748 (credits and debits in respect of an intangible fixed asset held by a company for the purposes of a property business carried on by it treated as receipts and expenses of the business).

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/212 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-212
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.