The amount of a company’s augmented profits is relevant for the purposes of ring fence profits (see ¶798-500ff.) and for non-ring fence profits with regard to the deadline for payment of the tax (see ¶183-410ff.).
A company's augmented profits for an accounting period comprise:
(1)its ‘adjusted taxable total profits’ for that period; and
(2)any ‘exempt ABGH distributions’ received by the company that are not excluded distributions