{
  "url": "https://openlegislation.uk/corporation-tax-act-2009/section-69",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2009/section-69.json",
  "legislation": "ukpga/2009/4",
  "legislation_title": "Corporation Tax Act 2009",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2009",
  "path": "section/69",
  "kind": "section",
  "number": "69",
  "heading": "Payments for restrictive undertakings",
  "text": "(1) In calculating the profits of a trade, a deduction is allowed for a payment—\n(a) which is treated as earnings of an employee by virtue of section 225 of ITEPA 2003 (payments for restrictive undertakings), and\n(b) which is made, or treated as made for the purposes of section 226 of that Act (valuable consideration given for restrictive undertakings), by the company carrying on the trade.\n(2) The deduction is allowed for the accounting period in which the payment—\n(a) is made, or\n(b) is treated as made for the purposes of section 226 of ITEPA 2003.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/4/section/69",
    "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."
}