# Finance Act 2019, Paragraph 11


(1) The total TTH amount may not include an amount representing the eligible ring fence profits for a particular accounting period (other than the reference accounting period) unless it also includes an amount representing the eligible ring fence profits for the next following qualifying accounting period.
(2) An accounting period is “qualifying” for the purposes of this Schedule if the seller has eligible ring fence profits for that period.

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Source: https://www.legislation.gov.uk/ukpga/2019/1/schedule/15/paragraph/11 (the official version)
Page: https://openlegislation.uk/finance-act-2019/schedule-15/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.