A balancing charge may arise if a trader has claimed research and development allowances and then makes a disposal related to the same expenditure, in a later chargeable period. (If the disposal is in the same period, it will simply reduce the allowance claimed in the first place.)
See ¶525-600 for the special rules relating to oil licences and ¶525-700 for the extension of the rules to VAT rebates received.
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