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Contents

Official guidance
Oil Taxation Manual

OT12000 · PRT: supplement

  • OT12025 · Outline
  • OT12050 · Eligible expenditure: summary
  • OT12075 · Claims to supplement
  • OT12100 · Bringing about the commencement of winning or transporting oil
  • OT12150 · Bringing about the commencement: searching for oil
  • OT12200 · Bringing about the commencement: field development
  • OT12250 · Ascertaining the extent of oil-bearing area
  • OT12300 · Substantially improving the rate at which oil can be won
  • OT12350 · Providing installations for initial treatment or storage
  • OT12400 · Overheads
  • OT12450 · Apportionment of expenditure
  • OT12500 · Expenditure partly to generate tariff receipts
  • OT12550 · Hired assets
  • OT12575 · Contractor financing
  • OT12625 · Disposal receipts: supplement restriction
  • OT12650 · Net profit period
  • OT12700 · Recalculated net profit period
  • OT12725 · Loss following net profit period
  • OT12750 · Interaction with other provisions
  1. PRT: supplement: contents
  2. PRT: supplement - disposal receipts: supplement restriction

OT12625 | PRT: supplement - disposal receipts: supplement restriction

From HM Revenue & Customs · Oil Taxation Manual

Where a participator is assessable on disposal receipts, there are rules in OTA83\S7(6) which restrict supplement otherwise allowable on expenditure incurred in the claim period in which the disposal is made. See OT15300.

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