Part 8 Oil activities

United Kingdom

1. 1Introduction
2. 2Basic definitions
3. 3Deemed separate trade
4. 3ARates at which corporation tax is charged on ring fence profits
5. 4Calculation of profits
6. 5Ring fence expenditure supplement
7. 5AExtended ring fence expenditure supplement for onshore activities
8. 6Supplementary charge in respect of ring fence trades
9. 6ASupplementary charge: investment allowance
10. 7REDUCTION OF SUPPLEMENTARY CHARGE FOR ELIGIBLE OIL FIELDS
11. 8Supplementary charge: onshore allowance
12. 9Supplementary charge: cluster area allowance