CTA2010\S356C

Where a company incurs relievable capital expenditure in relation to a qualifying site for the purposes of onshore oil-related activities then it is entitled to hold an onshore allowance equal to 75% of the expenditure. Where the expenditure is incurred in relation to more than one site or only partly for the purpose of onshore oil-related activities then the expenditure is to be apportioned on a just and reasonable basis.

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