{
  "url": "https://openlegislation.uk/corporation-tax-act-2009/section-464",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2009/section-464.json",
  "legislation": "ukpga/2009/4",
  "legislation_title": "Corporation Tax Act 2009",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2009",
  "path": "section/464",
  "kind": "section",
  "number": "464",
  "heading": "Priority of this Part for corporation tax purposes",
  "text": "(1) The amounts which are brought into account in accordance with this Part in respect of any matter are the only amounts which may be brought into account for corporation tax purposes in respect of it.\n(2) Subsection (1) is subject to any express provision to the contrary.\n(3) For further provisions relating to the rule in this section, see in particular—\n(a) section 445(2) (disapplication of section 444 where Part 4 of TIOPA 2010 applies),\n(b) section 465 (exclusion of distributions except in tax avoidance cases),\n(c) section 700 (relationship of Part 7 to this Part),\n(d) section 96(4) of CTA 2010 (write-off of government investment),\n(e) sections 286 to 287A of CTA 2010 (oil activities: loan relationships),\n(f) section 31(5) of TIOPA 2010 (computation of income subject to foreign tax),\n(g) section 112(5) of TIOPA 2010 (deduction for foreign tax where no credit available),\n(h) ... and\n(i) section 640(2) of CTA 2010 (banks etc in compulsory liquidation: taxation of certain receipts).\n(4) See also the following sections (under which amounts prevented from being brought into account under this Part are treated as if they were so brought into account for the purposes of this section)—\n(a) section 327(5) and (6) (disallowance of imported losses etc), ...\n(b) section 441(4) and (5) (loan relationships for unallowable purposes) , and\n(c) section 455A(3) (debits arising from derecognition of creditor relationships).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 464(3)(a) substituted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 138 (with Sch. 9 paras. 1-9, 22)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 464(3)(d) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 622(a) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in s. 464(3)(e) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 622(b) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in s. 464(3)(e) substituted (with effect in accordance with s. 87(3) of the amending Act) by Finance Act 2013 (c. 29), s. 87(2)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in s. 464(3)(f) substituted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 90(a) (with Sch. 9 paras. 1-9, 22)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Words in s. 464(3)(g) substituted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 90(b) (with Sch. 9 paras. 1-9, 22)"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "S. 464(3)(h) omitted (17.7.2012) by virtue of Finance Act 2012 (c. 14), Sch. 16 para. 158"
    },
    {
      "type": "F",
      "label": "F8",
      "text": "Words in s. 464(3)(i) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 622(c) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F9",
      "text": "Word in s. 464(4)(a) omitted (19.7.2011) (with effect in accordance with Sch. 4 para. 13 of the amending Act) by virtue of Finance Act 2011 (c. 11), Sch. 4 para. 6"
    },
    {
      "type": "F",
      "label": "F10",
      "text": "S. 464(4)(c) and word inserted (19.7.2011) (with effect in accordance with Sch. 4 para. 13 of the amending Act) by Finance Act 2011 (c. 11), Sch. 4 para. 6"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "S. 464(1) excluded (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), ss. 96(4), 640, 1184(1) (with Sch. 2)"
    },
    {
      "type": "C",
      "label": "C2",
      "text": "S. 464(1) excluded by 2010 c. 4, s. 357YV(2) (as inserted (with effect in accordance with s. 38(9)-(12) of the amending Act) by Finance (No. 2) Act 2015 (c. 33), s. 38(3))"
    },
    {
      "type": "C",
      "label": "C3",
      "text": "Pt. 5 applied (with modifications) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), ss. 990(5), 1184(1) (with Sch. 2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/4/section/464",
    "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."
}