# Finance Act 2012, Paragraph 41


(1) This paragraph applies if, for corporation tax purposes, the chargeable period of a company begins before, and ends on or after, 1 April 2013.
(2) The company is entitled only to the relevant proportion of any writing-down allowance for that chargeable period to which it would, but for this paragraph, have been entitled under section 393J of CAA 2001.
(3) The relevant proportion is—
A Bwhere—
A is the number of days in the chargeable period falling before 1 April 2013, and
B is the number of days in the chargeable period.

---
Source: https://www.legislation.gov.uk/ukpga/2012/14/schedule/39/paragraph/41 (the official version)
Page: https://openlegislation.uk/finance-act-2012/schedule-39/paragraph-41
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.