Memorandum accounts - Memorandum accounts of consolidated groups - FDP debits of consolidated FDP groups
OP 64: Consolidated FDPA payment of dividend
You could also call this:
“Removed rule about dividend payments for certain company groups”
This section of the law, called ‘Consolidated FDPA payment of dividend’, was part of the Income Tax Act 2007. It was about FDP debits of consolidated FDP groups. However, you don’t need to worry about this anymore because it was removed from the law on 1 April 2017. This means it no longer applies and you can’t use it.
OP 65: Consolidated FDPA credit transfer by company, or
“Company credit transfers in consolidated accounts no longer apply”
Part O
Memorandum accounts
Memorandum accounts of consolidated groups:
FDP debits of consolidated FDP groups
OP 64Consolidated FDPA payment of dividend (Repealed)
Notes
Section OP 64: repealed, on , by section 241(1) of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).
