Section 356JGA Carrying forward of activated allowanceF1
(1)
This section applies where, in the case of a company and an accounting period, the cumulative total amount of activated allowance (see section 356JG(2)) is greater than the adjusted ring fence profits.
(2)
The difference is carried forward to the next accounting period.
Annotations
Textual amendments
- F1
Pt. 8 Ch. 9 inserted (26.3.2015) by Finance Act 2015 (c. 11), Sch. 13 para. 2
Notes on Chapter 9
Modifications
- C1
Pt. 8 Ch. 9 restricted (26.3.2015) by Finance Act 2015 (c. 11), Sch. 13 para. 6(2)