Corporation Tax Act 2010 section 357TB

Northern Ireland supplementary deduction

Section 357TB provides an additional tax deduction, called a "Northern Ireland supplementary deduction", for Northern Ireland companies that have qualifying video game development expenditure but have not fully surrendered their Northern Ireland additional deduction for a video games tax credit.

• A Northern Ireland company that receives an additional deduction for qualifying video game development expenditure under CTA 2009 may be entitled to a further "Northern Ireland supplementary deduction".
• The supplementary deduction is available where the company has no surrenderable loss, does not claim video games tax credit, or surrenders less in Northern Ireland losses than the amount of its Northern Ireland additional deduction.
• The supplementary deduction is calculated within the profit or loss of the separate video game trade and forms part of the Northern Ireland profits or losses of that trade.
• The amount of the supplementary deduction is determined in accordance with section 357TC of CTA 2010.