SCHEDULES

SCHEDULE 4U.K.Relief for carried-forward losses

PART 11 U.K.Minor and consequential amendments

FA 1998U.K.

112(1)Paragraph 68 (content of claims) is amended as follows.U.K.

(2)In sub-paragraph (1), in the words before paragraph (a), omit “for group relief”.

(3)After sub-paragraph (4) insert—

(5)A claim for group relief for carried-forward losses made under section 188CB of the Corporation Tax Act 2010 must also state whether or not there is a company mentioned in sub-paragraph (6) that was not resident in the United Kingdom in either or both of the following periods—

(a)the accounting period of the surrendering company to which the claim relates,

(b)the corresponding accounting period of the claimant company.

(6)Those companies are the claimant company, the surrendering company and any other company by reference to which—

(a)the claimant company and the surrendering company are members of the same group,

(b)consortium condition 1 in section 188CF or consortium condition 2 in section 188CG of the Corporation Tax Act 2010 is satisfied in the case of the claimant company and the surrendering company.

(7)A claim for group relief for carried forward-losses made under section 188CC of the Corporation Tax Act 2010 must also state whether or not there is a company mentioned in sub-paragraph (8) that was not resident in the United Kingdom in any or all of the following periods—

(a)the specified loss-making period of the surrendering company,

(b)the accounting period of the surrendering company to which the surrender relates,

(c)the accounting period of the claimant company that corresponds with the period mentioned in paragraph (b).

(8)Those companies are the claimant company, the surrendering company and any other company by reference to which consortium condition 3 in section 188CH or consortium condition 4 in section 188CI is satisfied in the case of the claimant company and the surrendering company.