SCHEDULES

SCHEDULE 7RPDT reliefs

PART 3RPDT group relief for carried-forward losses

15Surrender of company’s carried-forward losses for an accounting period

1

Sub-paragraph (2) applies if—

a

an adjusted trading loss is carried forward to a surrender period of a surrendering company under Part 1 of this Schedule,

b

relief under that Part is not given for an amount of the loss (“the unrelieved amount”), and

c

the company is part of a relief group.

2

The surrendering company may surrender the unrelieved amount.