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Statutory Instrument Published 20 Mar 2024 His Majesty's Stationery Office ↗ View on legislation.gov.uk

The Investment Allowance and Cluster Area Allowance (Investment Expenditure) (Amendment) Regulations 2024

The Finance Act 2015 introduced the Supplementary Charge Investment Allowance and Cluster Area Allowance. The allowances are available to oil and gas companies investing in upstream production in the United Kingdom and on the United Kingdom Continental Shelf. The allowances were initially only available for capital expenditure.

Document details

Type

Statutory Instrument

Published

20 Mar 2024

Responsible body

His Majesty's Stationery Office

Issue

Corporation Tax Rates

Provenance

Linked to "Corporation Tax Rates" via enacting_text (confidence 0.95)

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