SCHEDULES

SCHEDULE 7RPDT reliefs

PART 3RPDT group relief for carried-forward losses

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

15(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.