»Ê¹ÚÌåÓýapp

»Ê¹ÚÌåÓýapp time limit for the making of Schedule 5 and 6 claims is four years from the end of the claim period in which the expenditure is incurred by virtue of OTA75\SCH5\PARA2(1). »Ê¹ÚÌåÓýapp time limit may also be extended for Schedule 5 claims and Schedule 6 claims where deferral of returns has been agreed (PARA2(7)) (OT04120).

Except where deferral of returns has been agreed, the submission of expenditure claims as soon as possible after expenditure is incurred should be encouraged (see OT17350 re Oil allowance).

»Ê¹ÚÌåÓýapp time limits are mandatory and LB Oil & Gas does not have discretion to accept claims which are submitted after the expiry of the time allowed.

Re Schedule 5 (see OT04420)

Re Schedule 6 (see OT04480)

Re Schedule 7 (see OT04510)