# Corporation Tax Act 2009, Section 281: Extent of charge to tax


(1) A post-cessation receipt is chargeable to tax under this Chapter only so far as the receipt is not otherwise chargeable to corporation or income tax.
(2) Accordingly, a post-cessation receipt arising from a UK property business is not chargeable to tax under this Chapter so far as it is brought into account in calculating the profits of the business of any period.

---
Source: https://www.legislation.gov.uk/ukpga/2009/4/section/281 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-281
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.