279DAThe remaining amount

1

In section 279C “the remaining amount” means the amount given by the formula—

$(\mathrm{UZ}-\mathrm{AZ})\times \frac{\mathrm{NZ}}{\mathrm{AZ}}$

2

In this section—

• UZ is the amount given by multiplying the upper limit by—

  $\frac{AZ}{A}$

• AZ is the total amount of any profits other than ring fence profits that form part of the augmented profits of the accounting period,

• NZ is the total amount of any profits other than ring fence profits that form part of the taxable total profits of the accounting period, and

• A is the amount of the augmented profits of the accounting period.