LAM04400 - Calculating 鈥楨鈥� adjusted BLAGAB management expenses: Step 5: 皇冠体育app adjusted BLAGAB management expense
皇冠体育app final step to arrive at 鈥楨鈥� is to add any excess BLAGAB expenses carried forward from the previous accounting period, resulting either from a negative amount at step 6 of the I-E calculation (see LAM02060) or arising from an adjustment required following the application of the minimum profits test (FA12/S93(5)) (see LAM07230) 皇冠体育app example in LAM04500 illustrates this.