Corporation Tax Act 2010 section 188CA

Overview of Chapter

Section 188CA provides an overview of the chapter dealing with how a company may claim group relief for carried-forward losses and how that relief is given.

• This chapter explains the process for claiming group relief specifically for losses that have been carried forward from earlier periods.
• Claims can be made where companies are members of the same group.
• Claims can also be made where companies meet the requirements under one of four different consortium conditions.
• Both the group and consortium conditions mirror those that apply to standard group relief claims under Part 5 of the Corporation Tax Act 2010.