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Contents

Official guidance
Oil Taxation Manual

OT21550 · Corporation tax ring fence: investment allowance

  • OT21555 · Investment Allowance: Introduction
  • OT21560 · Investment Allowance: Requirements to generate allowance
  • OT21562 · Investment Allowance: Meaning of 'investment expenditure'
  • OT21563 · Investment Allowance: Capital expenditure
  • OT21564 · Investment Allowance: Operating and leasing expenditure
  • OT21564A · Investment Allowance: Operating and leasing expenditure – Operating expenditure
  • OT21564B · Investment Allowance: Operating and leasing expenditure – Leasing expenditure
  • OT21564C · Investment Allowance: Operating and leasing expenditure – Restrictions
  • OT21565 · Investment Allowance: Meaning of 'qualifying oil field'
  • OT21566 · Investment Allowance: Expenditure incurred before a field is determined
  • OT21567 · Investment Allowance: Disqualifying conditions
  • OT21568 · Investment Allowance: Interaction with field allowances
  • OT21570 · Investment Allowance: How allowance is activated
  • OT21580 · Investment Allowance: How allowance is used
  • OT21581 · Investment Allowance: Carry forward of generated allowance
  • OT21583 · Investment Allowance: Carry forward of activated allowance
  • OT21584 · Investment Allowance: Changes in equity share
  • OT21585 · Investment Allowance: Transfer of allowance on disposal and acquisition of equity share
  • OT21590 · Investment Allowance: Cluster area allowance
  1. Corporation tax ring fence: investment allowance: contents
  2. Investment Allowance: Transfer of allowance on disposal and acquisition of equity share

OT21585 | Investment Allowance: Transfer of allowance on disposal and acquisition of equity share

From HM Revenue & Customs · Oil Taxation Manual

CTA10\S332IA and CTA10\S332IB

If a company disposes of a part of its equity share in a field the associated unactivated investment allowance together with the cumulative total relevant expenditure attributable to the share may be transferred to the new owner, and a corresponding reduction made by the transferor.

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