SolvedCrossheading Qualifying expenditure on assets limited by reference to historic costs
From legislation.gov.uk
Contents
- Section 410 UK oil licence: limit is original licence payment
- Section 411 Assets generally: limit is residue of previous trader’s qualifying expenditure
- Section 412 Transfers of mineral assets within group: limit is initial group expenditure
- Section 413 Transfers of mineral assets within group: supplementary