OT15760 - PRT: tariff and disposal receipts - qualifying tariff receipts referable to different periods - example 1
Example 1: Calculation of TRA: Straddling Tariff Receipts
In chargeable period 1 (CP1) a participator receives £26m in respect of anticipated throughput. Receipts are allocated by reference to 2.6m metric tonnes of expected qualifying oil.
| Period | Anticipated throughput (tonnes) | Receipt allocated |
| CP1 | 100,000 | £1m |
| CP2 | 1,000,000 | £10m |
| CP3 | 1,500,000 | £15m |
TRA is calculated as follows:
| CP1 | £1m x (250,000/100,000) | (deemed tariff receipt - as unity is exceeded) | £1.0m |
| CP2 | £10m x (250,000/1,000,000) | £2.5m | |
| CP3 | £15m x (250,000/1,500,000) | £2.5m | |
| Total | £6.0m |
| The amounts for inclusion in the assessment for CP1 are: | |
| Straddling tariff receipt | £26m |
| TRA | £6m |
| Net chargeable | £20m |