CTM80141 - Groups: group relief: meaning of non-trading losses on intangible fixed assets
CTA10/S99(1)(g), CTA10/S104, Part 8 of CTA09, CTA10/S105
Non-trading losses on intangible fixed assets can be surrendered and claimed as group relief (CTM80105 and CIRD13550). The loss that is available for relief is one calculated under Part 8 of CTA09 (see CIRD13550).
Non-trading losses on intangible fixed assets is a 바카라 사이트˜relevant amount바카라 사이트™ for the group relief provisions, so can only be surrendered to the extent that the total of the surrendering company바카라 사이트™s relevant amounts exceeds the 바카라 사이트˜profit-related threshold바카라 사이트™ (or 바카라 사이트˜gross profit바카라 사이트™ in surrendering periods ended before 20 March 2013; see CTA10/S105, CTM80142). This is the case regardless of whether the surrendering company uses any of the relevant amounts against its own profits.
The calculation will need to take into account the prescribed order of surrender of relevant amounts (see CTM80143).
It does not include amounts brought forward from an earlier accounting period under CTA09/S753(3).