Part 4Agricultural buildings allowances
Chapter 5Balancing adjustments
Calculation of balancing adjustments
386The residue of qualifying expenditure
The residue of qualifying expenditure at any time is—
where—
QE is the amount of qualifying expenditure,
B is the total amount of balancing charges previously made under this Part in respect of the expenditure, and
A is the total amount of any allowances (including balancing allowances) previously made under this Part in respect of that expenditure (whether to the same or to different persons).