OT21000 - Corporation Tax Ring Fence and Supplementary Charge: Contents

OT21001Introduction to the Ring Fence
OT21002Oil Extraction as Separate Trade
OT21003Oil Extraction Activities Defined
OT21004Oil Rights Defined
OT21005Oil Defined
OT21006Practical Scope of Ring Fence
OT21010Associated Companies
OT21015Delivery Outwith the UK
OT21017Ring Fence Profits Defined
OT21020Separate Trades: Computational
OT21021Ring Fence Extension Beyond Case I
OT21023Interest Received
OT21025Unitisation and Re-determination Interest
OT21030Income from Ballast Recovery Oil
OT21031Income from Oil Rights
OT21033Seismic Survey Data
OT21040Ring Fence Tariff Receipts
OT21050Loss Restriction
OT21051Set Off
OT21053Group Relief
OT21055Loss Carried Forward
OT21075Deduction of PRT
OT21076Repayment of PRT and carry back of Losses
OT21080PRT Paid by Foreign Field Participators
OT21083Sale and Leaseback
OT21100Treatment of ACT: Introduction
OT21101Treatment of ACT: Restrictions
OT21102Treatment of ACT: Associated Companies
OT21103Treatment of ACT: Redeemable Preferences Shares
OT21104Treatment of ACT: Carry Back
OT21105Treatment of ACT: Carry Back. Surrender ACT
OT21106Surrender of ACT Oil Extraction Company Owned by a Consortium
OT21115Transfer Pricing*
OT21200Supplementary Charge: Introduction
OT21202Supplementary Charge: Commencement: ICTA88/s501A(1)
OT21204Supplementary Charge: Meaning of “Adjusted Ring Fence Profits”: ICTA88/s501A(2)-(3)
OT21206Supplementary Charge: Meaning of “Finance Costs”: ICTA88/s501A(4)-(7)
OT21209Supplementary Charge: Meaning of “Finance Lease” and “accounts”: ICTA88/s501A(8)-(10)
OT21215Supplementary Charge: Management Provisions
OT21220Supplementary Charge: Transitional Provisions: Introduction: FA02/s93
OT21221Supplementary Charge: Transitional Provisions: Profits of the Straddling Period: FA02/s93(1)
OT21223Supplementary Charge: Transitional Provisions: Capital Allowances
OT21225Supplementary Charge: Transitional Provisions: Instalment Payments: FA02/s93(2)-(6)
OT21230Supplementary Charge: First-Year Allowances for a Ring Fence Trade: Introduction
OT21231First-year Allowances for a Ring Fence Trade: Plant and Machinery: General Rules CAA01/s45F
OT21233First-year Allowances for a Ring Fence Trade: Plant or Machinery: further rules
OT21235First-year Allowances for a Ring Fence Trade: Plant or Machinery for Use Wholly for the Purposes of a Ring Fence Trade
OT21240First-year Allowances for a Ring Fence Trade: Plant and Machinery: Withdrawal of Allowances if there is Non-Ring Fence Use: CAA01/s45G
OT21245First-year Allowances for a Ring Fence Trade: Mineral Extraction Allowances: General Rules
OT21248First-year Allowances for a Ring Fence Trade: Mineral Extraction Allowance: Further Rules
OT21250First-year Allowances for a Ring Fence Trade: Mineral Extraction Allowance: Disposals of Qualifying Assets: CAA01/s418
OT21300Payment in Three Instalments of Ring Fence Corporation Tax and Supplementary Charge: Introduction and Computation
OT21302Payment in Three Instalments of Ring Fence Corporation Tax and Supplementary Charge: Commencement and Transitional Arrangements