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HMRC internal manual

Corporate Intangibles Research and Development Manual

HM Revenue & Customs
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Intangible assets within CTA09/PART8: FA02 rule exceptions: royalties: outline


Because Part 8 at most only changes the time when royalties are brought to account for corporation tax (see CIRD11700) they are immediately brought within Part 8, regardless of whether the intangible asset in respect of which they are paid or received falls within the scope of Part 8.

The royalties which are brought within Part 8 in this way are those which:

  • fall within the definition of a royalty in CIRD11710 
  • arise at the time described in CIRD11720