# Corporation Tax Act 2009, Section 300: Method of bringing non-trading deficits into account


(1) Any non-trading deficit which a company has from its loan relationships must be brought into account in accordance with Chapter 16 (non-trading deficits).
(2) For the meaning of a company having such a deficit and how it is calculated, see section 301.
(3) This section and Chapter 16 apply even if none of the company's loan relationships is regarded as a source of income as a result of this Part.

---
Source: https://www.legislation.gov.uk/ukpga/2009/4/section/300 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-300
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.