Abortive exploration

Another field, disallowance in respect of

Legislation/Regulatory – OTA75 s. 5(3)

Company, meaning

Legislation/Regulatory – OTA75 s. 5(7)

Error

Legislation/Regulatory – OTA75 Sch. 7, para. 1(2)

Exclusions

Legislation/Regulatory – OTA75 s. 5(4)

Mistake

Legislation/Regulatory – OTA75 Sch. 7, para. 1(2)

Participator, claim by

Legislation/Regulatory – OTA75 Sch. 7, para. 1(1)

Pre-16 March 1993

Legislation/Regulatory – OTA75 s. 5(2A)

Relevant period, meaning

Legislation/Regulatory – OTA75 s. 5(8)

Scope

Legislation/Regulatory – OTA75 s. 5(1)

Set-off of receipts

Legislation/Regulatory – OTA75 s. 5(6)

Spread over useful life of asset

Legislation/Regulatory – OTA75 s. 5(2)

Table of modifications

Legislation/Regulatory – FA2009 Sch. 51, para. 26 ; OTA75 Sch. 7, para. 1(3)

Transaction not at arm's length, restriction of allowance

Legislation/Regulatory – OTA75 s. 5(5)

Assets

Brought-in

Legislation/Regulatory – OTA83 Sch. 1, para. 7

Mobile, dedicated assets

Legislation/Regulatory – FA93 s. 190 ; OTA83 s. 2, Sch. 1, para. 9
HMRC Guidance – TTM03670

New, cessation of use in connection with taxable field

Legislation/Regulatory – OTA83 Sch. 1, para. 8

Non-dedicated mobile assets

Legislation/Regulatory – FA93 s. 190 ; OTA83 s. 1

Two or more fields, acquired for

Legislation/Regulatory – OTA83 Sch. 1, para. 5, 6

Chargeable periods, expenditure brought into account

Legislation/Regulatory – FA93 s. 192
HMRC Guidance – OT19200

Claim periods

Legislation/Regulatory – OTA75 Sch. 5
HMRC Guidance – CH900000 ; OT02115 ; OT02120

Disallowance of expenditure already relieved

Legislation/Regulatory – OTA75 s. 3(3)

Election

Legislation/Regulatory – OTA75 Sch. 5

Exclusions

Legislation/Regulatory – OTA75 s. 3(4)

Exploration and appraisal

Another field, disallowance for

Legislation/Regulatory – OTA75 s. 5A(6)

Application of s. 5

Legislation/Regulatory – OTA75 s. 5A(4), (5)

Designated area

Legislation/Regulatory – OTA75 s. 5A(2A)

Development decision

Legislation/Regulatory – OTA75 s. 5A(7)

Disposal otherwise than at arm's length

Legislation/Regulatory – OTA75 s. 5A(5A)

Licence, restrictions connected with

Legislation/Regulatory – OTA75 s. 5A(3)

Market value, reduction by

Legislation/Regulatory – OTA75 s. 5A(5B)

Oil field

Legislation/Regulatory – OTA75 s. 5A(8)

Purposes for which allowed

Legislation/Regulatory – OTA75 s. 5A(2)

Receipts to be set against

Legislation/Regulatory – FA83 Sch. 8, para. 10

Scope

Legislation/Regulatory – OTA75 s. 5A(1)

Transitional relief

Legislation/Regulatory – FA93 s. 189

Fractionation

Legislation/Regulatory – FA80 s. 109(9)

Long-term assets

Allowable proportion

Legislation/Regulatory – OTA75 s. 4(5)

Consequential reductions to supplement

Legislation/Regulatory – OTA75 s. 4(10)

First relevant claim period, meaning

Legislation/Regulatory – OTA75 s. 4(12)

Incorporation of Sch. 4–6

Legislation/Regulatory – OTA75 s. 4(2)

Interpretation

Legislation/Regulatory – OTA75 s. 4(13)

Partial allowance

Legislation/Regulatory – OTA75 s. 4(11)

Reduction of claim

Legislation/Regulatory – OTA75 s. 4(9)

Scope

Legislation/Regulatory – OTA75 s. 4(1)

Subsequent claim periods

Legislation/Regulatory – OTA75 s. 4(7)

Surplus in claim period

Legislation/Regulatory – OTA75 s. 4(8)

Mixed purposes, apportionment when incurred for

Legislation/Regulatory – OTA75 s. 3(6)

Non-deducted mobile assets

Legislation/Regulatory – FA93 s. 190 ; OTA83 s. 1

Participators, claim by

Legislation/Regulatory – FA2009 Sch. 51, para. 25 ; OTA75 Sch. 6
HMRC Guidance – CH900000

Pre-16 March 1993

Legislation/Regulatory – FA93 s. 189-192

Relevant trade, definition

Legislation/Regulatory – OTA75 s. 3(2)

Research

Legislation/Regulatory – FA87 Sch. 13, para. 10 ; OTA75 s. 5B

Restrictions on

Basis of amounts

Legislation/Regulatory – OTA75 Sch. 4, para. 2(1ZA), (1C)

Certain cases, application to

Legislation/Regulatory – OTA75 Sch. 4, para. 1(2)

Connected persons

Legislation/Regulatory – OTA75 Sch. 4, para. 2(2)

Only once allowable

Legislation/Regulatory – OTA75 Sch. 4, para. 1(1)

Scope

Legislation/Regulatory – OTA75 s. 3(1)

Statutory redundancy payments

Legislation/Regulatory – OTA75 s. 3(2)

Supplement

Qualifying

Legislation/Regulatory – OTA75 s. 3(5)

Tariff receipts, assets giving rise to

Legislation/Regulatory – OTA75 s. 3(5A)

Tariff receipts

Long-term assets, apportioned expenditure on

Legislation/Regulatory – OTA75 s. 3(7)

Supplement on assets giving rise to

Legislation/Regulatory – OTA75 s. 3(5A)

Taxable field use

Legislation/Regulatory – FA93 s. 190

Time when incurred

Legislation/Regulatory – FA93 s. 191

Uplift, reduction of

Legislation/Regulatory – F(No. 2)A79 s. 19