http://www.legislation.gov.uk/id/ukpga/2021/26/schedule/2/part/2

SCHEDULES

SCHEDULE 2Temporary extension of periods to which trade losses may be carried back

PART 2Corporation tax

Cap on claims by company that is not a member of a 2020 group or 2021 group

5

1

A 2020 claim may be made by a company that is not a member of a 2020 group only if the total amount of relief given as a result of the claim, when added to the total amount of relief given as a result of any other 2020 claims already made by the company, is under £2,000,000.

2

A 2021 claim may be made by a company that is not a member of a 2021 group only if the total amount of relief given as a result of the claim, when added to the total amount of relief given as a result of any other 2021 claims already made by the company, is under £2,000,000.