Commentary

D7.480 Allocation of allowances and charges on management assets

Corporate tax
Corporate tax | Commentary

D7.480 Allocation of allowances and charges on management assets

Corporate tax | Commentary

D7.480 Allocation of allowances and charges on management assets

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.

Capital allowances and balancing charges on management assets are apportioned between the company's BLAGAB and non-BLAGAB businesses using the commercial allocation methodology adopted by the company for allocating its accounting profit between the categories (see D7.430)1.

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