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Legislation
Finance Act 1981

Part VIII Supplementary Petroleum Duty

  • Section 122 Charge of supplementary petroleum duty.
  • Section 123 Increase of gross profit by reference to royalties in kind.
  • Section 124 Reduction of gross profit by reference to exempt allowance.
  • Section 125 Repayment of duty in case of field showing loss on cessation.
  • Section 126 Deduction of duty in computing assessable profit or allowable loss for petroleum revenue tax.
  • Section 127 Deduction of duty in computing income for corporation tax.
  • Section 128 Supplementary Provisions.
  1. Finance Act 1981
  2. Part VIII Supplementary Petroleum Duty

Part VIII Supplementary Petroleum Duty

From legislation.gov.uk

Contents

  1. Section 122 Charge of supplementary petroleum duty.
  2. Section 123 Increase of gross profit by reference to royalties in kind.
  3. Section 124 Reduction of gross profit by reference to exempt allowance.
  4. Section 125 Repayment of duty in case of field showing loss on cessation.
  5. Section 126 Deduction of duty in computing assessable profit or allowable loss for petroleum revenue tax.
  6. Section 127 Deduction of duty in computing income for corporation tax.
  7. Section 128 Supplementary Provisions.
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