Related Commentary  Related HMRC Manuals

168(1)  This section applies for the purpose of calculating the profits of a trade if the person carrying on the trade makes a site restoration payment in the course of carrying it on.

168(2)  Subject to subsection (3A), a deduction is allowed for the unrelieved amount of the payment.

168(3)  The deduction is allowed–

(a)(if the payment is made, whether directly or indirectly, to a connected person) for the period of account in which that part of the restoration work to which the payment relates is completed, or

(b)(in any other case) for the period of account in which the payment is made.

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