Sale of lessor companies or company in partnership
Amount of income, determination
Adjustment to basic amount, 75 per cent subsidiaries
Adjustment to basic amount, consortium relationships
Generally
Migration
Negative basic amount
Partnerships
Anti-avoidance provisions
Balance sheet amounts, no liabilities
Expenses, restriction on relief
Increases and decreases in balance sheet amounts, disregard
Loss amount, restrictions
Profit transfers, disallowance of deductible amount
Associated company
Business of leasing plant or machinery
Generally
Partnerships
Relevant plant or machinery value
Determination of ascribed value of plant or machinery
Disposal value, right to income retained
Generally
Income and matching expense in different accounting periods
Amount of
Carry-back of expense, prevention
Carry-forward of expense to later accounting periods
Generally
Interpretation
Partnerships
Amount of expense
Amount of income
Associated company
Business of leasing plant or machinery
Carry-forward of expense to later accounting periods
Determination of ascribed value of plant or machinery
Generally
Profits and loss
Qualifying change in company's interest in a business
Qualifying change in partner company's interest in business
Qualifying change of ownership
Qualifying change of ownership
Artificial losses or reductions in profits
Capital allowances, limit on
Certain intra-group reorganisations
Companies owned by consortiums and members of consortiums
Consortium relationships
Election for alternative treatment
Generally
Meaning
Plant and machinery leasing
Principal company's interest in consortium unchanged
Qualifying 75 per cent subsidiaries
Relevant change in relationship
Restriction on use of losses
Tonnage tax group, company joining
Transfers into and out of lessor company
Unallowable purposes
Restriction on use of losses
Successions, restriction on effect of election
Value of lease
Value of plant or machinery, determination of ascribed value