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

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 accounting period but before the full amount of any relevant computational items have been treated as arising, the receipts and expenses continue to be dealt with under the

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