Commentary

D7.592 Capital allowances

Corporate tax
Corporate tax | Commentary

D7.592 Capital allowances

Corporate tax | Commentary

Gross roll up business—reliefs and deductions

D7.592 Capital allowances

The rules in this division apply for accounting periods beginning before 1 January 2013. For accounting periods beginning on or after 1 January 2013 see Division D7.4.

The general rules applying the capital allowance code to life assurance business, including the difference between management assets and investment assets, are discussed in D7.560. The comments below apply solely to computations of gross roll up business profits.

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