Skip to content
Solved
SearchBrowse
Sign in

Contents

Official guidance
Oil Taxation Manual

OT28020 · Decommissioning and abandonment: general decommissioning expenditure

  • OT28030 · Meaning of ring fence trade
  • OT28040 · Meaning of general decommissioning expenditure
  • OT28045 · Meaning of general decommissioning expenditure - expenditure incurred on or after 22 April 2009
  • OT28047 · Meaning of general decommissioning expenditure - expenditure incurred on or after 3 March 2021
  • OT28050 · Further definitions
  • OT28060 · Decommissioned plant and machinery used partly for a non ring fence trade, expenditure incurred on or after 12 March 2008 and before 22 April 2009
  • OT28065 · Decommissioned plant and machinery, expenditure incurred on or after 22 April 2009
  • OT28080 · Relief for expenditure incurred before cessation of ring fence trade and on or after 12 March 2008
  • OT28085 · Relief for expenditure incurred before cessation of ring fence trade and on or after 22 April 2009
  • OT28100 · Relief for expenditure incurred before cessation of ring fence trade and on or before 11 March 2008
  • OT28110 · Closing down an oil field on or before 11 March 2008
  • OT28120 · Meaning of abandonment programme
  • OT28200 · Relief for expenditure incurred after cessation of ring fence trade and on or after 12 March 2008
  • OT28205 · Relief for expenditure incurred after cessation of ring fence trade and on or after 22 April 2009
  • OT28210 · Meaning of post-cessation period on or after 12 March 2008
  • OT28220 · Relief for expenditure incurred after cessation of ring fence trade and on or before 11 March 2008
  • OT28230 · Restrictions on allowances
  1. Decommissioning and abandonment: general decommissioning expenditure: contents
  2. Decommissioning and abandonment: general decommissioning expenditure: meaning of ring fence trade

OT28030 | Decommissioning and abandonment: general decommissioning expenditure: meaning of ring fence trade

From HM Revenue & Customs · Oil Taxation Manual

CAA2001\S162

A ring fence trade is treated as a separate activity and ring fence trade means activities that fall within the definition of oil related activities at ITTOIA2005\S16(2) or CTA210\S279 and constitute a separate trade (see OT21000).

Next
PrivacyTerms