Group relief: Difference between revisions
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* [[Claimant company]] | * [[Claimant company]] | ||
* [[Consortium relief]] | * [[Consortium relief]] | ||
* [[Group]] | |||
* [[Group payment arrangements]] | * [[Group payment arrangements]] | ||
* [[Surrendering company]] | * [[Surrendering company]] | ||
Latest revision as of 16:28, 4 July 2022
UK Corporation tax.
A system of UK tax whereby a member of a group of companies may, in defined circumstances, pass a trading loss to another group company, enabling it to set the loss against its own trading profit, thereby reducing the amount of corporation tax payable by the group as a whole.
