Part 5 Group relief

Chapter 2 Surrender of company's losses etc for an accounting period

Basic provisions about surrendering losses and other amounts

102 Meaning of “UK property business loss”
(1) In section 99(1)(e) “UK property business loss” means a loss made in a UK property business in the surrender period.
(2) But it does not include a loss treated as made in the surrender period as a result of section 62(5).