# Finance Act 2019, Paragraph 49


The closing balance of the total TTH amount for an accounting period is—
(a) the total TTH amount, less
(b) the total of the amounts (if any) applied in accordance with paragraph 25 for that accounting period and earlier accounting periods.

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Source: https://www.legislation.gov.uk/ukpga/2019/1/schedule/15/paragraph/49 (the official version)
Page: https://openlegislation.uk/finance-act-2019/schedule-15/paragraph-49
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.