{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-357MB",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-357MB.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/357MB",
  "kind": "section",
  "number": "357MB",
  "heading": "Profit imputed to back-office activities",
  "text": "(1) To determine for the purposes of section 357MA(3) the back-office profits of the qualifying trade for the accounting period, take the following steps—\nStep 1 Multiply each back-office deduction by the relevant percentage.\nStep 2 Add together each amount calculated under step 1.\n(2) In subsection (1)—\n“back-office deduction” means a deduction—\n(a)to which the company is entitled in calculating the profits of the trade for the period, and\n(b)which is in respect of back-office activities;\n“the relevant percentage” means 5%.\n(3) The Treasury may by regulations amend subsection (2) so as to substitute a different percentage for the percentage for the time being specified there.\n(4) Regulations under this section—\n(a) may make different provision for different purposes (including, in particular, different trades or different back-office activities);\n(b) may make incidental, supplemental, consequential and transitional provision and savings.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 8B inserted (with effect in accordance with s. 5 of the amending Act) by Corporation Tax (Northern Ireland) Act 2015 (c. 21), s. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/357MB",
    "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."
}