Corporation Tax Act 2010 section 307

Overview of Chapter

Section 307 provides an overview of the ring fence expenditure supplement, which allows companies carrying on a ring fence trade (broadly, UK oil and gas extraction) to claim a supplement in respect of pre-commencement expenditure, trading losses and previously allowed supplements.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.