32 Insurers in difficulties: write-down orders for corporation tax purposes
Finance (No 2) Act 2023 (2023 c 30) | Legislation

32  Insurers in difficulties: write-down orders for corporation tax purposes

(1)     In Part 3 of CTA 2009 (trading income), after section 130 insert—

“130A Insurers in financial difficulties: write-down orders

(1)     A receipt or expense that is attributable to the operation of a write-down order, or to a write-down order ceasing to have effect, is not brought into account in calculating the profits of a trade.

(2)     In this section

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