»Ê¹ÚÌåÓýapp

CTA10/S9A-9C, 12-16

A number of changes have subsequently been made to augment the rules introduced by FA04.

FA09

Changes were made which effectively allowed losses to be carried forward or back in a currency other than sterling. Also, the rules for translating currency amount were tidied up. »Ê¹ÚÌåÓýapp rules are applicable to periods of account beginning on or after 27 December 2007, subject to election for a later start date. »Ê¹ÚÌåÓýappy are found at CTA10/S10-16. See CFM 64310+.

FA11, F(2)A15

Provision was made to allow UK investment companies satisfying the necessary conditions to elect to apply a designated currency to compute profits chargeable to CT, CTA10/S9A,9B. »Ê¹ÚÌåÓýappse rules were applicable to periods of account beginning on or after 1 April 2011.

Some amendments were made by F(2)A15 relating to periods of account beginning on or after 1 January 2016. For guidance see CFM64500+.

FA13

Rules were introduced (CTA10/S9C) to allow company’s chargeable gains on shares, ships and aircraft to be computed in a currency other than sterling in defined circumstances. »Ê¹ÚÌåÓýapp rules apply to disposals on or after 30 September 2013. See CFM64180.