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Chapter 6A Supplementary charge: investment allowanceC1F1

  1. Introduction
  2. “Qualifying oil field” and “investment expenditure”
  3. Investment allowance
  4. Restrictions on relievable expenditure
  5. Reduction of adjusted ring fence profits
  6. Activated and unactivated allowance: basic calculation rules
  7. Changes in equity share: reference periods
  8. Changes in equity share: activation of allowance
  9. Transfers of allowance on disposal of equity share
  10. Miscellaneous
  11. Interpretation

Annotations

Textual amendments

F1

Pt. 8 Ch. 6A inserted (with effect in accordance with Sch. 12 para. 5 7 8 of the amending Act) by Finance Act 2015 (c. 11), Sch. 12 para. 2

Modifications

C1

Pt. 8 Ch. 6A restricted (26.3.2015) by Finance Act 2015 (c. 11), Sch. 13 para. 6(2)