OT Update Index - Recent changes to this manual

Below are details of the amendments that were published on 3 September 2004

SectionTitle and details of update
OT03000Petroleum Revenue Tax: Contents - additions to contents - see track changes
OT03050PRT: Overview of PRT - Outline - various - see track changes
OT04660PRT: Administration - Claims and Correspondence during the assessing rounds - 5th paragraph - 3 hyperlinks not working on original
OT05199PRT: The Nomination Scheme - addition to contents page
OT05261PRT: The Nomination Scheme - BFO Contract on Tax Nominations - completely new item
OT05299PRT: Valuation of Non-arm's Length Disposals and Appropriations - Part 1 - Oil: Contents - addition to contents page
OT05316PRT: Valuation of Non-arm's Length Disposals and Appropriations - Part 1 - Oil - The effect of the BFO contract on the Brent Valuation database - completely new item
OT08900PRT: Expenditure: Contents - deleted items on contents page
OT09375PRT: Allowable Field Expenditure - Apportionment of Expenditure, OTA75/S3(6) - various - see track changes
OT09400PRT: Allowable Field Expenditure - Tariff-Related Expenditure, OTA75/S3(7)-(8) - various - see track changes
OT11350PRT: Long-Term Assets - Assets no longer in use for Principal Field, OTA83/SCH1/PARA3 - change to alpha list and addition of two paragraphs at the end
OT11400PRT: Long-Term Assets - Assets Acquired etc. for two or more Fields: Apportionment of Expenditure, OTA83/SCH1/PARA5 - various - see track changes
OT11500PRT: Long-Term Assets - Brought-In Assets, OTA83/SCH1/PARA7 - various - see track changes
OT11600PRT: Long-Term Assets - Subsequent use outside Taxable Field, OTA83/SCH1/PARA8 - various - see track changes
OT13250PRT: Exempt Gas - Long-Term Asset Expenditure OTA 83/S4(1) - various - see track changes
OT14510PRT: Meaning of Expenditure Incurred and Timing Issues - Background - see track changes - two links do not work so re-entered them as links
OT14610PRT: Associated Party Transactions - General Objectives - various - see track changes
OT14620PRT: Associated Party Transactions - Scope of Application - rewritten - see track changes
OT15000PRT: Tariff and Disposal Receipts - Contents - addition to contents page - see track changes
OT15010PRT: Tariff and Disposal Receipts - Outline amendment to first paragraph - see track changes
OT15060PRT: Tariff and Disposal Receipts - Disposal Receipts: Definition, OTA83/S7- paragraph added - see track changes
OT15150PRT: Tariff and Disposal Receipts - Field in which Tariff and Disposal Receipts are Charged (‘Chargeable Fields’, OTA83/S8) - paragraph added (and numbers list seemed to go wrong in template) - see track changes
OT15240PRT: Tariff and Disposal Receipts - Cessation of Field or Tariff Use - various - see track changes
OT15250PRT: Tariff and Disposal Receipts - Reduction of Disposal receipts for Tax-Exempt Tariffing Use - completely new item
OT15540PRT: Tariff and Disposal Receipts - Purchase of Oil at place of Extraction, OTA83/SCH2/PARA12 - various - see track changes
OT15800PRT: Tax-Exempt Tariffing Receipts - Contents - completely new item. Rang your office as I was not sure how to do a new item and was told to use “New” on IR Document toolbar.
OT15810Outline - completely new item
OT15820Definition of Tax-Exempt Tariffing Receipts - completely new item
OT15830Definition of New and Existing Fields - completely new item
OT15840Foreign Fields - completely new item
OT15850Transmedian Fields - completely new item
OT15860Definition of Qualifying Existing Field - completely new item
OT15870Excepted Assets - Assets Wholly Situated in Existing Field - completely new item
OT15880Excepted Assets - Tankers and Tanker Loaded Fields - completely new item
OT15890Excepted Assets - Excess Capacity Election - completely new item
OT15900Transitional Provision - completely new item
OT15910Tax-Exempt Tariffing Receipts - Related Expenditure - completely new item
OT15920Cost allocation - Modified Approach - completely new item
OT15930Participators in Common and Connected Person Transactions - completely new item
OT15940Cost allocation - Calculation - completely new item
OT18130PRT: Transfer of Licence Interests - Terminal Loss, FA80/SCH17/PARA15 - substantial changes - see track changes
OT21040Corporation Tax Ring Fence - Ring Fence Tariff Receipts - various - see track changes
OT25999Capital Allowances: Contents - addition to contents page - see track changes
OT26080Exploration Expenditure Supplement - Contents - new “chapter” and contents page. Rang your office as I was not sure how to do a new item and was told to use “New” on IR Document toolbar
OT26081Introduction - completely new item
OT26083Qualifying Companies and Qualifying Expenditure (Paragraphs 2 and 6 Schedule 19B) - completely new item
OT26085Accounting Periods (Paragraphs 3 and 5 Schedule 19B) - completely new item
OT26087Unrelieved Group Ring Fence Profits (Paragraph 7 Schedule 19B) - completely new item
OT26088Relevant percentage for calculating the EES (Paragraphs 4 Schedule 19B) - completely new item
OT26090 Pre-Commencement Supplement (Paragraphs 8 to 14 Schedule 19B) - completely new item
OT26091Licence disposals and group relief: reductions to the pre-commencement mixed pool (Paragraphs 11 and 12 Schedule 19B) - completely new item
OT26092Claims for pre-commencement EES (Paragraph 14 Schedule 19B) - completely new item
OT26095 Post-Commencement Period (Paragraphs 15-24 Schedule 19B) - completely new item
OT26097Ring fence losses and Qualifying E&A losses (Paragraphs 17 and 18 Schedule 19B) - completely new item
OT26098Pools of qualifying E&A losses and non-qualifying losses (Paragraphs 19 to 21 Schedule 19B) - completely new item
OT26099 Post-commencement EES: Using the pools (Paragraphs 19 to 23 Schedule 23) - completely new item
OT27012Abandonment and Decommissioning - Ring Fence trades: Offshore installations and Submarine Pipelines - 2 paragraphs rewritten - see track changes

Click on one of the dates below to see details of previous updates to this Manual.

4 May 2004


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