{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-197",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-197.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/197",
  "kind": "section",
  "number": "197",
  "heading": "Restrictions on associated benefits",
  "text": "(1) For the purposes of this Chapter the restrictions on benefits associated with a payment are breached if condition A or B is met.\n(2) Condition A is that the total value of the benefits associated with the payment exceeds the variable limit, which is—\n(a) in a case where the amount of the payment is £100 or less, 25% of that amount, and\n(b) in a case where the amount of the payment exceeds £100, the sum of £25 and 5% of the amount of the excess.\n(3) Condition B is that the sum of the following total values is more than £2,500—\n(a) the total value of the benefits associated with the payment, and\n(b) the total value of the benefits (if any) associated with each relevant prior payment.\n(4) A relevant prior payment is a payment—\n(a) which has already been made by the company to the charity in the accounting period, and\n(b) which is a qualifying payment.\n(5) This section needs to be read with section 198.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 197(2)(a)(b) substituted for s. 197(2)(a)-(c) (with effect in accordance with s. 40(4) of the amending Act) by Finance Act 2019 (c. 1), s. 40(3)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Sum in s. 197(3) substituted (with effect in accordance with s. 41(5) of the amending Act) by Finance Act 2011 (c. 11), s. 41(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/197",
    "retrieved_at": "2026-10-29T09:10:29.433154+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."
}