OT63060 - Transferable tax history - Effect of a TTH election on the buyer - Supplementary Charge
Where a loss of the purchaser is carried back and set against an activated transferred profits amount of an AP, the purchaser may also be entitled to a repayment of Supplementary Charge, provided that an amount of adjusted ring fence profits for the AP in question was also transferred under the original TTH election. »Ê¹ÚÌåÓýapp calculation of any such repayment is set out in Part 7 of FA19\Sch15. Guidance is available at OT67030.