Corporation Tax Act 2009 (c. 4)

Part 13 Additional relief for expenditure on research and development

Chapter 7 Relief for SMEs and large companies: vaccine research etc

Deemed trading loss: further provision

1095 Elections under section 1092

(1) An election under section 1092 must specify the accounting period in respect of which it is made.

(2) The election must be made by notice in writing to an officer of Revenue and Customs.

(3) The notice must be given before the end of the period of two years beginning immediately after the end of the accounting period to which the election relates.