Skip to content
Solved
SearchBrowse
Sign in

Contents

Official guidance
Oil Taxation Manual

OT13100 · PRT: Expenditure: Spreading Elections

  • OT13110 · Outline
  • OT13120 · Form of Election
  • OT13130 · PRT: Expenditure: Spreading Elections, OTA75\SCH3\PARAS 9-10 - Time Limits
  • OT13140 · Method of Spreading
  • OT13150 · Interaction with Oil Allowance
  • OT13160 · Interaction with Safeguard
  • OT13170 · Interaction with Net Profit Period
  • OT13180 · Interest
  1. PRT: Expenditure: Spreading Elections : contents
  2. PRT: Expenditure: Spreading Elections - Interaction with Net Profit Period

OT13170 | PRT: Expenditure: Spreading Elections - Interaction with Net Profit Period

From HM Revenue & Customs · Oil Taxation Manual

The legislation covering spreading elections ceased to have effect in relation to chargeable periods beginning after 30 June 2009.

In calculating whether or not a net profit has been reached (see OT12650), the effect of a spreading election is ignored, FA81\S111(3)(b).

PreviousNext
PrivacyTerms