Company Taxation Manual

CTM97010 - Corporation Tax self assessment (CTSA): group relief - general: specify amount claimed

Every group relief claim must specify and quantify the amount of relief claimed at the time the claim is made. In the context of a group relief claim, 바카라 사이트˜quantify바카라 사이트™ means that the claim must be expressed in figures, as opposed to a formula, (FA98/SCH18/PARA68).

Example

Valid claim to group relief

• 바카라 사이트˜Company A claims £43,319 group relief from Company B바카라 사이트™.

Invalid claim to group relief

• 바카라 사이트˜Company A claims sufficient group relief from Company B to reduce its profits to £150,000바카라 사이트™.

A group relief claim must also specify the name of the surrendering company. A claimant company has to make a separate claim to group relief from each surrendering company for each accounting period.