# Corporation Tax Act 2010, Section 269ZW: Deductions allowance for company not in a group

Extent: E+W+S+N.I.

(1) This section makes provision as to the deductions allowance of a company for an accounting period where section 269ZR (deductions allowance for company in a group) does not apply.
(2) The company's deductions allowance for the accounting period is £5,000,000.
(3) If the accounting period is less than 12 months, the company's deductions allowance for the period is proportionally reduced.
(4) See section 269ZYA for further provision about the deductions allowance for a company without a source of chargeable income.

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Source: https://www.legislation.gov.uk/ukpga/2010/4/section/269ZW (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-269ZW
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.