Section 356JHA | The closing balance of unactivated allowance for an accounting period
From legislation.gov.uk
26 March 2015
The closing balance of unactivated allowance held by a company for an accounting period and a cluster area is—F1
Formula
where—
P is the amount of cluster area allowance generated by the company in the cluster area in the accounting period (including any amount treated under section 356JKB(1) as generated by the company in that cluster area in that accounting period);
Q is any amount carried forward from an immediately preceding accounting period under section 356JHB(1) or from an immediately preceding reference period under section 356JJB(1).