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Chapter CIRD12580

Document Cited in Related
Vincent
Published date11 March 2016
Record NumberCIRD12580
CourtHM Revenue & Customs
IssuerHM Revenue & Customs
CTA09/PART8/S865 - 869 Disallowance of otherwise deductible debits

Sums that would otherwise give rise to deductible debits under S728 may be ‘subject to any adjustments required’ by CTA09/PART8 (see below and CIRD12030). In the absence of specific provision within CTA09/PART8, rules disallowing expenditure in other parts of the CT code do not apply.

Provisions attracted or reproduced

The rules listed below from other parts of the CT code are attracted or reproduced in Part 8 and may apply to expenditure written off as incurred within CIRD12530 or CIRD12550.

An otherwise deductible debit may need to be disallowed to the extent it represents expenditure relating to:

  • entertaining and gifts - CIRD12600;
  • crime - CIRD12610;
  • the hire of cars not exempted from restrictions (generally this means cars with CO2 emissions over 160g/km - CIRD12620; and
  • employer-financed retirement benefit schemes - CIRD12630.

An otherwise deductible debit may need to be deferred to a later accounting period to the extent it represents expenditure relating to:

  • delayed...

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