Commentary

D7.4100 Apportionment of relevant computational items – Companies with insubstantial BLAGAB

Corporate tax
Corporate tax | Commentary

D7.4100 Apportionment of relevant computational items – Companies with insubstantial BLAGAB

Corporate tax | Commentary

D7.4100 Apportionment of relevant computational items – Companies with insubstantial BLAGAB

The rules in this division apply for accounting periods beginning on or after 1 January 2013. For accounting periods beginning before 1 January 2013 see Division D7.5.

If the insurance company is one to which FA 2012, s 67 applies because all or substantially all of its business is non-BLAGAB business (see D7.406) any amount that would be apportioned to BLAGAB is instead apportioned to gross roll up business1.

If due to a change in its business mix an insurance company becomes subject to FA 2012, s 67 in a later

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