#### 10‑5 The MRRT liability for a mining project interest Work out the miner’s MRRT liability for a mining project interest for an \*MRRT year as follows: ![](image.003.png) Method statement Step 1. Work out the miner’s \*mining profit for the mining project interest for the \*MRRT year. > Note: For the mining profit, see Part 2‑3. Step 2. Work out the miner’s \*MRRT allowances for the mining project interest for the \*MRRT year. > Note: For MRRT allowances, see section 10‑10. Step 3. Subtract the \*MRRT allowances from the \*mining profit. Step 4. Multiply the result by the \*MRRT rate. This is the miner’s MRRT liability for the mining project interest for the \*MRRT year. > Note 1: For the MRRT rate, see section 300‑1. > Note 2: If the result from step 3 is zero, the miner’s MRRT liability will also be zero.

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Section 10‑5 The MRRT liability for a mining pro - Minerals Resource Rent Tax Act 2012 - 10‑5 The MRRT liability for a mining project interest — Zoe