Covered taxes less than nil Covered taxes less than nil
United Kingdom
- 202Covered taxes balance less than nil when members in a territory have a profit
- 203Additional top-up amounts where covered taxes less than expected
- 204Allocation of collective additional amount under section 203 to members
- 205Election to carry forward and reduce collective additional amount
Notes on Part 3
Modifications
- C1
Pt. 3 modified (2.12.2025) by Finance Act 2026 (c. 11), Sch. 8 paras. 32, 53(3)