Corporation Tax Act 2010 section 356DB

Companies with both field allowances and onshore allowance

Section 356DB previously dealt with companies that had both field allowances and onshore allowance, but this section has been removed from the legislation.

• Section 356DB addressed situations where a company held both field allowances and an onshore allowance simultaneously.
• The section was removed from the Corporation Tax Act 2010 by the Finance Act 2015.
• The removal took effect for accounting periods ending on or after 1 April 2015.
• Any accounting periods ending before 1 April 2015 would still have been subject to the original provisions of this section.