Search Legislation

Corporation Tax (Northern Ireland) Act 2015

Changes to legislation:

There are currently no known outstanding effects for the Corporation Tax (Northern Ireland) Act 2015. Help about Changes to Legislation

Close

Changes to Legislation

Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.

  1. Introductory Text

  2. 1.Trading profits taxable at the Northern Ireland rate

  3. 2.Capital allowances

  4. 3.Other amendments

  5. 4.Power to make further consequential amendments

  6. 5.Commencement

  7. 6.Interpretation and short title

  8. SCHEDULES

    1. SCHEDULE 1

      Capital allowances

      1. PART 1 Introductory

        1. 1.CAA 2001 is amended as follows.

      2. PART 2 Amendments of Part 1 of CAA 2001

        1. 2.After section 6 insert— CHAPTER 1A Trades attracting Northern Ireland...

      3. PART 3 Amendments of Part 2 of CAA 2001: plant and machinery allowances

        1. 3.(1) Section 12 (expenditure incurred before qualifying activity carried on)...

        2. 4.In section 15 (qualifying activities), after subsection (2) insert—

        3. 5.After section 51J insert— Sixth restriction: allocation where profits chargeable...

        4. 6.(1) Section 61 (disposal events and disposal values) is amended...

        5. 7.After section 66A insert— Effect of changes in Northern Ireland...

        6. 8.After section 212 insert— CHAPTER 16ZA Asset provided or used...

        7. 9.In section 247 (giving effect to allowances and charges: trades),...

        8. 10.In Schedule A1 (first year tax credits), in paragraph 2,...

      4. PART 4 Amendments of CAA 2001 relating to other allowances

        1. Business premises renovation allowances

          1. 11.(1) Section 360Z (giving effect to allowances and charges: trades)...

        2. Mineral extraction allowances

          1. 12.In section 394 (mineral extraction allowances), after subsection (2) insert—...

          2. 13.(1) Section 432 (giving effect to allowances and charges) is...

        3. Research and development

          1. 14.After section 439 insert— Qualifying expenditure incurred for purposes of...

          2. 15.(1) Section 450 (giving effect to allowances and charges) is...

        4. Dredging allowances

          1. 16.In section 484 (dredging allowances), after subsection (2) insert—

          2. 17.(1) Section 489 (giving effect to allowances) is amended as...

      5. PART 5 Consequential amendments

        1. 18.In Schedule 1 (index of defined expressions) insert at the...

      6. PART 6 Transitional provisions

        1. Interpretation

          1. 19.(1) In this Part of this Schedule “the transition period”,...

        2. Plant and machinery allowances: allocation of unrelieved expenditure to pools

          1. 20.(1) This paragraph applies to a company or partnership if—...

        3. Know-how allowances: allocation of unrelieved expenditure to pools

          1. 21.(1) This paragraph applies if— (a) in the case of...

    2. SCHEDULE 2

      Other amendments

      1. PART 1 Further amendments connected with Northern Ireland rate

        1. Realisation of intangible fixed assets

          1. 1.After section 738 of CTA 2009 insert— Realisation of assets...

        2. Controlled foreign companies

          1. 2.(1) Section 371BC of TIOPA 2010 (charging the CFC charge)...

          2. 3.(1) Section 371UD of TIOPA 2010 (relief against sum charged)...

      2. PART 2 Consequential amendments

        1. 4.CTA 2010 is amended as follows.

        2. 5.In section 1(3) (overview), before paragraph (b) insert—

        3. 6.In Schedule 4 (index of defined expressions), insert at the...

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

Explanatory Notes

Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources