{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-705E",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-705E.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/705E",
  "kind": "section",
  "number": "705E",
  "heading": "Restriction on relief for non-trading loss on intangible fixed assets",
  "text": "(1) This section has effect for the purpose of restricting relief under section 753 of CTA 2009 (treatment of non-trading losses) in respect of a non-trading loss on intangible fixed assets.\n(2) Relief under section 753 of CTA 2009 against the total profits of the same accounting period is available only in relation to each of the notional accounting periods considered separately.\n(3) A non-trading loss on intangible fixed assets for an accounting period beginning before the change in ownership may not be—\n(a) carried forward under section 753(3) of that Act to an accounting period ending after the change in ownership, or\n(b) treated under that section as if it were a non-trading loss on intangible fixed assets for that period.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 14 Ch. 5A inserted (with effect in accordance with Sch. 13 para. 3 of the amending Act) by Finance Act 2013 (c. 29), Sch. 13 para. 1(3)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 705E(3)(b) substituted (with effect in accordance with Sch. 4 para. 190 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 4 para. 170"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/705E",
    "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."
}