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StatuteCorporation Tax Act 2010

Section 279DA — Corporation Tax Act 2010: The remaining amount

Text of the provision Official document

The remaining amount 279DA 1 In section 279C “ the remaining amount ” means the amount given by the formula— ( UZ − AZ ) × NZ AZ 2 In this section— UZ is the amount given by multiplying the upper limit by— A Z A AZ is the total amount of any profits other than ring fence profits that form part of the augmented profits of the accounting period, NZ is the total amount of any profits other than ring fence profits that form part of the taxable total profits of the accounting period, and A is the amount of the augmented profits of the accounting period.

Official source: legislation.gov.uk

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Statutory text from an official public source. Informational content — does not replace advice from a qualified solicitor.