Core computational rules: taxable credits: receipts recognised as they accrue: grants
CTA09/PART8/S852 - 853
Grants, subsidies and similar receipts, recognised as accounting gains as they arise, normally give rise to taxable credits under Part 8 in the same way as other receipts in respect of intangible assets. But the general exemption from CT of certain grants made in Northern Ireland out of UK public funds is preserved under Part 8. The grants in question are those described in CA14200. Accounting gains in respect of those grants do not therefore give rise to taxable credits under Part 8.
See CIRD12725 for the treatment of grants netted off against capitalised expenditure on intangible assets.