Part 20General calculation rules
Chapter 1Restriction of deductions
Unpaid remuneration
1288Unpaid remuneration
1
This section applies if—
a
an amount is charged in respect of employees' remuneration in a company’s accounts for a period,
b
the amount would, apart from this section, be deductible in calculating income from any source for corporation tax purposes, and
c
the remuneration is not paid before the end of the period of 9 months immediately following the end of the period of account.
2
If the remuneration is paid after the end of that period of 9 months, the deduction for it is allowed for the period of account in which it is paid.
3
No deduction is allowed for the remuneration if it is not paid.
4
Provision corresponding to that made by this section is made by—
a
section 1249 (in relation to expenses of management of a company’s investment business), and
b
section 76ZL of ICTA (in relation to the expenses of insurance companies).