Capital Allowances: Research and Development Allowances: Disposal of a licence interest
CA60600 provides detailed guidance on disposal events and disposal values for RDA purposes.
Where RDA has been given for expenditure in a licensed area, and an interest in that licence is subsequently disposed of a balancing charge may arise. The disposal value to be used is defined in CAA01\S443(4).
Where there is a disposal of an oil licence with exploitation value, the disposal value to be used is defined in CAA01\S555.