CIRD44200 - Intangible assets: Restrictions for goodwill and relevant assets acquired: how accounting and other debits are restricted under F2A15

CTA09/PART 8/S816A (3)

CTA09/S816A(3) restricts when relief for relevant assets is given by withdrawing debit relief under CTA09/PART 8/Chapter 3. For example no debit relief is allowed in relation to relevant assets in relation to:

路 Expenditure written off as it is incurred (CTA09/S728)

路 Amortisation or impairment accounting debits (CTA09/S729)

路 Fixed rate debits (CTA09/S731)

路 Reversal of previous accounting gain (CTA09/S732)

路 Royalties in respect of a relevant asset.

Relief is instead given when the asset is realised, although further conditions apply on realisation, see CIRD44250