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Official guidance
Oil Taxation Manual

OT09000 · PRT: allowable field expenditure - contents

  • OT09025 · PRT: allowable field expenditure - outline
  • OT09050 · PRT: allowable field expenditure - searching
  • OT09075 · PRT: allowable field expenditure - obtaining a relevant licence
  • OT09100 · PRT: allowable field expenditure - ascertaining
  • OT09125 · PRT: allowable field expenditure - winning
  • OT09150 · PRT: allowable field expenditure - measuring
  • OT09175 · PRT: allowable field expenditure - transporting
  • OT09200 · PRT: allowable field expenditure - initial treatment or initial storage
  • OT09225 · PRT: allowable field expenditure - disposing
  • OT09250 · PRT: allowable field expenditure - decommissioning - related expenditure
  • OT09275 · PRT: allowable field expenditure - material stocks
  • OT09300 · PRT: allowable field expenditure - redundancy
  • OT09325 · PRT: allowable field expenditure - overheads
  • OT09350 · PRT: allowable field expenditure - insurance
  • OT09375 · PRT: allowable field expenditure - apportionment of expenditure
  • OT09400 · PRT: allowable field expenditure - tariff related expenditure
  • OT09425 · PRT: allowable field expenditure - prevention of double allowance
  • OT09450 · PRT: allowable field expenditure - non-allowable field expenditure
  • OT09475 · PRT: allowable field expenditure - specifically excluded expenditure: interest
  • OT09500 · PRT: allowable field expenditure - specifically excluded expenditure: land and buildings
  • OT09525 · PRT: allowable field expenditure - specifically excluded expenditure: production related
  • OT09550 · PRT: allowable field expenditure - specifically excluded expenditure: payments to obtain a licence (other than to Secretary of State)
  • OT09575 · PRT: allowable field expenditure - specifically excluded expenditure: payments in respect of tax assessed on non-resident contractors
  • OT09600 · PRT: allowable field expenditure - anti-avoidance provisions: sale and leaseback
  • OT09625 · PRT: allowable field expenditure - subsidised expenditure
  • OT09650 · PRT: allowable field expenditure - subsidised expenditure - decommissioning expenditure
  1. PRT: allowable field expenditure - contents
  2. PRT: allowable field expenditure - measuring

OT09150 | PRT: allowable field expenditure - measuring

From HM Revenue & Customs · Oil Taxation Manual

OTA75\S3(1)(e)

Expenditure on metering equipment, whether offshore or at a UK terminal onshore (to which the oil or gas is delivered), is allowable under this heading.

Meters that only measure gas sold into the National Transmission System and which are not used to measure production will not qualify as they represent a downstream cost.

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