Explanatory Notes

Corporation Tax Act 2010

2010 CHAPTER 4

3 March 2010

Introduction

Part 13: Other special types of company etc

Chapter 9: Community amateur sports clubs
Section 663: Exemption for UK property income

2049.This section provides for the property income of a registered club to be exempt from tax if the relevant conditions are met. It is based on paragraph 6 of Schedule 18 to FA 2002.