http://www.legislation.gov.uk/ukpga/2010/4/section/356GB
Corporation Tax Act 2010
An Act to restate, with minor changes, certain enactments relating to corporation tax and certain enactments relating to company distributions; and for connected purposes.
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Statute Law Database
2024-05-20
Expert Participation
2024-01-04
Corporation Tax Act 2010
s. 658(1)(d)
(e)
Finance Act 2010
Sch. 6
para. 31
Sch. 6
para. 35
Corporation Tax Act 2010
s. 357PD(6)
Finance Act 2024
Sch. 1
para. 13(4)(d)(iii)
Sch. 1
para. 16
reg. 2
Corporation Tax Act 2010
s. 357BJB(1)(da)
Finance Act 2024
Sch. 2
para. 6(3)(a)(i)
Sch. 2
para. 16(1)
17-25
Corporation Tax Act 2010
s. 357BJB(7A)
Finance Act 2024
Sch. 2
para. 6(3)(a)(ii)
Sch. 2
para. 16(1)
17-25
Corporation Tax Act 2010
s. 357CG(4)(aa)
Finance Act 2024
Sch. 2
para. 6(3)(b)
Sch. 2
para. 16(1)
17-25
Corporation Tax Act 2010
Pt. 8B
Ch. 10A
Finance Act 2024
Sch. 2
para. 6(4)
Sch. 2
para. 16(1)
17-25
Corporation Tax Act 2010
s. 357
CHA
Finance Act 2024
Sch. 2
para. 14(7)
Sch. 2
para. 16(2)
Corporation Tax Act 2010
s. 528(4A)(ba)
Finance Act 2024
Sch. 7
para. 2
Corporation Tax Act 2010
s. 528(4D)
Finance Act 2024
Sch. 7
para. 4(3)
Sch. 7
para. 5
Corporation Tax Act 2010
s. 528(5)(a)
Finance Act 2024
Sch. 7
para. 4(4)(a)
Sch. 7
para. 5
Corporation Tax Act 2010
s. 528(5)(b) and word
Finance Act 2024
Sch. 7
para. 4(4)(b)
Sch. 7
para. 5
Corporation Tax Act 2010
s. 528(5A)
Finance Act 2024
Sch. 7
para. 4(5)
Sch. 7
para. 5
Corporation Tax Act 2010
s. 528(5D)
Finance Act 2024
Sch. 7
para. 4(6)
Sch. 7
para. 5
Corporation Tax Act 2010
s. 544(4A)
Finance Act 2024
Sch. 7
para. 7(5)
Corporation Tax Act 2010
s. 535A(7A)
Finance Act 2024
Sch. 7
para. 9(2)
Corporation Tax Act 2010
s. 553(4A)
Finance Act 2024
Sch. 7
para. 10(2)(c)
Part 8Oil activities
F1CHAPTER 8Supplementary charge: onshore allowance
Annotations:
Amendments (Textual)
Changes in equity share: activation of allowance
356GBActivation of allowance: reference periods
1
The amount (if any) of activated allowance that a company has with respect to a site for a reference period is the smaller of the following—
a
the company's relevant income from the site in the reference period;
b
the total amount of unactivated allowance that is attributable to the reference period and the site (see section 356GD).
2
The company's relevant income from the site in the reference period is—
where—
I is the company's relevant income from the site in the whole of the accounting period;
R is the number of days in the reference period;
L is the number of days in the accounting period for which the company is a licensee in the licensed area concerned.
Pt. 8 Ch. 8 inserted (with effect in accordance with Sch. 15 paras. 6(1), 9(2) of the amending Act) by Finance Act 2014 (c. 26), Sch. 15 para. 3