{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-357EA",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-357EA.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/357EA",
  "kind": "section",
  "number": "357EA",
  "heading": "Effect of set-off amount on company with more than one trade",
  "text": "(1) This section applies where—\n(a) there is a set-off amount in relation to a trade of a company for an accounting period, and\n(b) the company carries on any other trade.\n(2) The set-off amount is to be reduced (but not to below nil) by any relevant IP profits of that other trade for the accounting period.\n(3) Section 357A does not apply in relation to so much of the amount of relevant IP profits of that other trade for the accounting period as is equal to the amount by which the set-off amount is reduced under subsection (2).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 8A inserted (with effect in accordance with Sch. 2 paras. 7, 8 of the amending Act) by Finance Act 2012 (c. 14), Sch. 2 para. 1(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/357EA",
    "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."
}