1:TTM07300 - The Ring Fence
(As the taxable profits within the ring fence are fixed by reference to the ... the taxable profits outside the ring fence would not be matched by an increase ...
http://www.hmrc.gov.uk/manuals/ttmmanual/ttm07300.htm
2:Ring fence trade: no deduction for expenses of investment management
business) shall be allowed from a company's ring fence profits. ... be able to offset management expenses against their ring fence. profits. ...
http://www.hmrc.gov.uk/budget2008/ring-fence-trade.pdf
3:Finance Act 2006 (c. 25) - Statute Law Database
the company's adjusted ring fence profits for the straddling period are ... In paragraph 22 (reductions in respect of utilised ring fence profits), at the end insert ...
http://www.statutelaw.gov.uk/content.aspx?LegType=All+Primary&PageNumber=1&NavFrom=2&par
4:Finance Bill
In this section "ring fence profits" has the same meaning as in Chapter 5 of Part ... period that do not consist of ring fence profits. (7) ...
http://www.publications.parliament.uk/pa/cm200607/cmbills/086/07086.1-6.html
5:Finance Act 2008 (c. 9) - Statute Law Database
... ring fence profits of companies. (3) In subsection (2) "ring fence profits" has ... 13(2) of ICTA in relation to company profits consisting of both ring fence ...
http://www.statutelaw.gov.uk/content.aspx?LegType=All+Primary&PageNumber=1&NavFrom=2&par
6:Finance Act 2007 (c. 11)
... 30% on ring fence profits of companies. (2) In this section "ring fence profits" has the same ... profits for that period as do not consist of ring fence ...
http://www.opsi.gov.uk/acts/acts2007/ukpga_20070011_en_2
7:Finance (No.2) Bill
... his ring fence profits, (f) ... profits of the ring fence trade for the commencement ... There is an amount of unrelieved group ring fence profits for an ...
http://www.publications.parliament.uk/pa/cm200506/cmbills/197/06197.363-369.html
8:Finance Act 2004 (c. 12)
... group ring fence profits. Part 2 ... Unrelieved group ring fence profits for accounting periods ... Taxable ring fence profits of an accounting period ...
http://www.opsi.gov.uk/acts/acts2004/ukpga_20040012_en_71
9:HMRC publish updated guidance on CT returns | Business Tax | Tax News
Small companies' rate on profits other than ring fence. 20% 21 ... Ring fence profits mean the income and gains from oil extraction activities or ...
http://www.taxationweb.co.uk/tax-news/business-tax/hmrc-publish-updated-guidance-on-ct-returns.html
10:Budget 2008
... from 20% to 21% (ring fence profits remain liable at 19 ... The main rate of Corporation Tax will be 28% (30% for ring fence profits) from 1 April 2008. ...
http://www.fhmanning.co.uk/budget2008.htm
11:berr: Oil and Gas - Upstream: Taxation
The ring fence prevents taxable profits from oil and gas extraction in the UK ... to 1 January 2006) on a company's ring fence profits excluding finance costs. ...
https://www.og.berr.gov.uk/upstream/taxation/index.htm
12:WestLB shuts Tokyo branch and focuses on transport - Airfinance Journal ...
The ring fencing of about €23 billion in structured securities portfolios as ... gain arising from this ring fencing, WestLB's profit before income tax for the ...
http://www.airfinancejournal.com/default.asp?page=7&PubID=44&ISS=24863&SID=708782
13:News & Events: Bright spots March 2007 - Petroleum Services at Deloitte
UK Budget 2007 – North Sea oil and gas ring fence activities ... fence profits for large companies at 30% from 1 April 2008 (28% for all other ...
http://psg.deloitte.com/NewsBrightSpots0703.asp
14:Norton Rose Group - Budget - March 2008
... a "ring fence" which limits the deductions available against those profits. ... deduction for management expenses will be permitted against ring fence profits. ...
http://www.nortonrose.com/knowledge/publications/2008/pub14102.aspx?page=080222135432&lang=en-gb
15:www.ceag.org/articles/oil_project_financing_2004_deloitte.ppt
Ring-Fencing' Types of ring-fence: Profits from oil exploration and production ... CT/SCT – Ring fence profits. Accounting based measure of profit. ...
http://www.ceag.org/articles/oil_project_financing_2004_deloitte.ppt
16:Oil & Gas Update
... gas production in the UKCS ('ring fence' profits) of the preceding three years. ... of an investment business against CT profits from the ring fence trade. ...
http://emailinfo.mms.co.uk/go.asp?/mJKRDM8/bMMS001
17:Polished Prices
An attempt by lenders to Alrosa to increase charges for a $350 million one-year ... to a special purpose vehicle, thereby ring-fencing the profit of the main bank. ...
http://www.polishedprices.com/Content/NewsDetails.aspx?NewsId=1000005681
18:UPDATE 1-European drugmakers slam 'exported price cuts' | Markets ...
... LONDON, Oct 2 (Reuters) - Europe's drug industry called on Thursday for action to ring-fence prices for medicines ... trying to ring-fence their profits. ...
http://www.reuters.com/article/marketsNews/idINL271202820081002?rpc=44
19:Oil & Gas Update
... continue to apply in respect of 'ring fence' profits from oil and gas activities. ... companies' rate of tax as ring fence profits will remain taxable at only 19 ...
http://emailinfo.mms.co.uk/go.asp?/mLJV9T3/bMMS001
20:Project Financing using the Forward Curve
Ring-Fencing' Types of ring-fence: •Profits from oil exploration and production ... CT/SCT – Ring fence profits. • Accounting based measure of profit. ...
http://www.ceag.org/articles/deloitte_financing_06_04.pdf
21:New Clause 1 — Supplementary...: 3 Jul 2002: House of Commons debates ...
The adjusted ring fence profits of a company shall be computed without regard to ... (1) A company's adjusted ring fence profits for an accounting period shall be ...
http://www.theyworkforyou.com/debates/?id=2002-07-03.263.4
22:Finance Bill
Sale and lease-back: ring fence profits. 100. ... of Schedule D the profits of the ring fence trade for an accounting period, but ...
http://www.parliament.the-stationery-office.co.uk/pa/ld199899/ldbills/078/99078--u.htm
23:parliament.uk/documents/upload/FBSC54A Written Evidence from the FSB 200<b>...</b>
Ring fence profits are defined as profits from oil extraction and ... profits are non-ring ... For companies with non-ring fence profits, the change in the ...
http://www.parliament.uk/documents/upload/FBSC54A%20Written%20Evidence%20from%20the%20FSB%2020071105
24:Energy Budget 2007 briefing
fence profits will not change from 1 April 2008 (whereas it ... fence profits (whereas the rate ... For industry outside the North Sea ring fence, important ...
http://www.herbertsmith.com/NR/rdonlyres/9D0301A2-DB73-462D-B3D3-5021990100EF/3647/6030EnergyClientB
25:Deloitte UK Budget 2008 - Changes to the Corporation Tax rates
... of 30%, together with a 20% supplementary charge on ring fence profits. ... The small companies' rate for ring fence profits will remain at 19% from 1 April ...
http://www.ukbudget.com/UKBudget2008/Business/Budget08_ChangestotheCorporationTaxRates.cfm
26:Budget 2005
Ring Fence Corporation Tax and SCT payments ... under the existing regime in respect of tax due on the non ring fence profits. ...
http://www.cwenergy.co.uk/Webpages/News/budget_2005.htm
27:Watson, Farley & Williams - UK Tonnage Tax
Ring-Fencing of Shipping Profits and Losses ... legislation contains general ring-fencing' rules on profits and gains based upon ...
http://www.wfw.com/website/newwsmgr.nsf/Publications/Publication67.html
28:International Tax Review
... EES will be reduced by any ring-fence profits arising in another group company. ... that, on a group basis, are not paying ring-fence corporation tax. ...
http://www.internationaltaxreview.com/?Page=17&ISS=13154&SID=488136
29:Budget 2007
There are to be separate rules governing ring fence profits, which ... deductions against profits. 4.3 Extension Of Increased Rate Of FirstYear Capital Allowances ...
http://www.yourtaxoffice.co.uk/pdf/corptax.pdf
30:United Kingdom Oil And Gas Taxat
... or accruing to an affiliate, cannot be deducted against ring fence profits. ... levied at 10% on the ring fence CT profits after adding back all financing costs. ...
http://www.cwenergy.co.uk/Webpages/Articles/United_kingdom_oil_and_gas_taxation.htm
31:Amendment of the Law — 6. Corporation tax (small companies' rates and ...
... on profits of companies other than ring fence profits, and (b) 19% on ring fence profits of ... (b) 11/400ths in relation to ring fence profits of companies. ...
http://www.publicwhip.org.uk/division.php?date=2008-03-18&number=126
32:South Africa | Africa - Reuters.com
... degree of independence and financial ring-fencing from group operations offshore. ... reflect the company's solid profit growth, strengthened margins and ...
http://africa.reuters.com/country/ZA/news/usnWLA5078.html
33:Finance Bill 2008: Lobby notes
sets the rate of corporation tax at 30 per cent on ring fence profits of North Sea oil ... their ring fence profits from oil extraction activities. To protect ...
http://www.hm-treasury.gov.uk/d/financebill2008_lobbynotes.pdf
34:Summary of 2008/09 rates | Business Link
... of corporation tax and the level of profit on which each rate is charged ... The small companies' rate for ring fence profits (North Sea oil and gas) is 19 ...
http://www.businesslink.gov.uk/bdotg/action/detail?type=RESOURCES&itemId=1073790939
35:Deloitte Budget 2007, Deloitte UK Budget Report 2007, budget report ...
Ring fence activities. Personal tax. Alternative finance arrangements. Car and fuel benefits ... fence profits for large companies at 30% from 1 April 2008 (28 ...
http://www.ukbudget.com/UKBudget2007/NorthSeaOilTax/budget07_oilandgasringfenceactivities.cfm
36:Alphatax UK Release Notes Autumn 2008
income allocated to ring fence profits (enter Yes or Amount to be allocated) ... may be allowable against ring fence profits, the Override amount of management ...
http://www.taxcomputersystems.com/assets/files/userdocs/Alphatax%20UK%20Release%20Notes%20Autumn08(V
37:Income And Corporation Tax Act 1988 | Davenports
... Bill 2009 to maintain the SCR at 21 per cent for the non-ring fence profits. The SCR for ring fence profits will remain at 19 per cent for the financial year ...
http://www.davenportenterprises.co.uk/tag/income-and-corporation-tax-act-1988
38:Park Group to ring-fence savers' money - Times Online
... savings club, announced today that it would ring-fence savers' money, as it sought to reassure customers ... not for profit and social enterprise ...
http://business.timesonline.co.uk/tol/business/industry_sectors/consumer_goods/article758938.ece
39:Hyder set for WPD bid
... buyout of the water operation, which would then be run as a profit-making trust, would appease Byatt by ring-fencing the regulated water business and providing ...
http://www.telegraph.co.uk/htmlContent.jhtml?html=/archive/2000/05/14/cnhyd14.html
40:FT.com / Companies / European companies - Eon to ring-fence pension ...
The latest European company news from the Financial Times, providing business ... Eon reported a rise in first-half operating profit of 7 per cent to €4.3bn on ...
http://www.ft.com/cms/s/76b6daea-0a04-11da-b870-00000e2511c8,Authorised=false.html?_i_location=http%
'ring fence profit'
