OT26026 - Capital Allowances: Research and Development Allowances: Using reserve reporting for deciding on the availability of RDAs
The establishment and reporting of reserves may be used as a mechanism for deciding the availability or non availability of RDA. The method can be accepted provided the details are recorded and clearly understood and applied by both the company and HMRC. The 바카라 사이트ścut off mechanism바카라 사이트ť is expected to produce a fair and reasonable overall result.
As noted in OT02200, the quantum of an entity바카라 사이트™s commercial reserves may be shown by way of supplementary note in the annual report and accounts of an oil and gas exploration and producing company. An example of such disclosure would comprise reserves that are proved developed and proved undeveloped.