Section 407 Amounts not brought into account in determining a company's tax-EBITDAF1

a tax-interest expense amount or a tax-interest income amount F2(or an amount which would, apart from section 388, be a tax-interest income amount);

an allowance or charge under CAA 2001 F3or capital expenditure for which a deduction is given under a relevant enactment;

an excluded relevant intangibles debit or an excluded relevant intangibles credit (see section 408);

a loss that—

a deficit from the company's loan relationships for an accounting period other than that mentioned in section 406(2);

expenses of management of the company that are referable to an accounting period other than that mentioned in section 406(2);

a deduction under section 137 of CTA 2010 (group relief) or section 188CK of that Act (group relief for carried-forward losses) if and to the extent that it constitutes a loss of the worldwide group;

a reduction under paragraph 37(3)(b) of Schedule 5 to FA 2019 (non-UK resident companies carrying on UK property businesses etc: unrelieved amounts);

a qualifying tax relief.

section 86A of CTA 2009 (contributions to flood and coastal erosion risk management projects);

section 142 of CTA 2009 (waste disposal site preparation expenditure);

section 145 of CTA 2009 (waste disposal site restoration payments);

section 147 of CTA 2009 (cemeteries and crematoria).

an R&D expenditure credit F6under Chapter 1A of Part 13 of CTA 2009;

a deduction under section 1044, 1063, 1068 or 1087 of CTA 2009 (additional relief for expenditure on research and development);

an amount which is treated as a trading loss as a result of section 1092 of CTA 2009 (SMEs: deemed trading loss for pre-trading expenditure);

a deduction under section 1147 or 1149 of CTA 2009 (relief for expenditure on contaminated or derelict land);

a deduction under section 1199 of CTA 2009 (film tax relief);

a deduction under section 1216CF of CTA 2009 (television tax relief);

a deduction under section 1217CF of CTA 2009 (video games tax relief);

a deduction under section 1217H of CTA 2009 (relief in relation to theatrical productions);

a deduction under section 1217RD of CTA 2009 (orchestra tax relief);

a deduction under section 1218ZCE of CTA 2009 (museums and galleries exhibition tax relief);

a qualifying charitable donation (whether made in the accounting period mentioned in section 406(2) or an earlier one);

a deduction under section 357A of CTA 2010 (profits from patents etc chargeable at lower rate of corporation tax).