OT21790 | Energy Profits Levy: PRT repayments 

Where an amount of PRT is repaid and that repayment would be brought into account for CT purposes under CTA10\S301 then under EPLA22\S1(5)(d) the amount of that repayment that relates to the decommissioning part of an allowable loss is left out of account in computing the profits chargeable to EPL.

Under EPLA22\S1(6) the amount of the PRT repayment that relates to the decommissioning part of an allowable loss is that which is attributable on a just and reasonable basis to expenditure allowable under OTA75\s3(1)(i) or (j).