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.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Oil Taxation Act 1975 Schedule 4 paragraph 1
Restrictions on expenditure allowable under section 3 or 4
Schedule 4 paragraph 1 prevents the same asset-related expenditure from being claimed twice against the same oil field by different persons, whether the expenditure relates to acquiring, renting or hiring assets, obtaining services, or receiving rights or licences.
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.