{
  "url": "https://openlegislation.uk/finance-act-2012/schedule-15/paragraph-10",
  "json_url": "https://openlegislation.uk/finance-act-2012/schedule-15/paragraph-10.json",
  "legislation": "ukpga/2012/14",
  "legislation_title": "Finance Act 2012",
  "legislation_url": "https://openlegislation.uk/finance-act-2012",
  "path": "schedule/15/paragraph/10",
  "kind": "paragraph",
  "number": "10",
  "heading": null,
  "text": "(1) Section 967 of CTA 2010 (set-off of income tax deductions against corporation tax: payments received by UK resident companies) is amended as follows.\n(2) After subsection (4) insert—\n“(5) The reference in subsection (1) to a payment received by a company does not include a reference to a payment which is exempt from tax by virtue of any of the following—\nsection 472 (gifts qualifying for gift aid relief: charitable companies);\nsection 475 (gifts qualifying for gift aid relief: eligible bodies);\nsection 664 (exemption for interest and gift aid income: community amateur sports clubs).”\n(3) In subsection (5) (as inserted by sub-paragraph (2)), after the entry for section 475 insert—\n“section 486 (investment income and non-trading profits from loan relationships);\nsection 487 (public revenue dividends);\nsection 488 (certain miscellaneous income);\nsection 489 (income from estates in administration);”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2012/14/schedule/15/paragraph/10",
    "retrieved_at": "2026-10-29T09:08:44.989153+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."
}