Tax groupings

Tax groupings guidance:

This Practice Note is about the rules for establishing whether companies are within the same group for the purposes of corporation tax on chargeable...

Practice Note

Consortium relief is an extension of the group relief rules to allow the surrender and claim of losses between companies that are not so closely connected as to form a...

Practice Note

FORTHCOMING CHANGE relating to transfers within an EU group: Finance Bill 2019–20 will contain provisions permitting companies to pay tax in instalments in relation to...

Practice Note

Why does it matter? It is common for corporate entities to operate within a group, ie several companies under common ownership. The basic UK corporation tax rules operate...

Practice Note

Companies can be treated as forming groups for many different tax purposes. The usual principle behind group treatment is that the companies which form the group...

Practice Note

FORTHCOMING CHANGE relating to transfers within an EU group: Finance Bill 2019–20 will contain provisions permitting companies to pay tax in instalments in relation to...

Practice Note

An exemption from stamp duty land tax (SDLT) can be claimed where an interest in land is acquired (a land transaction) by one body corporate (referred to as the purchaser...

Practice Note

Relief from stamp duty is available where beneficial ownership of stock or marketable securities is transferred between two bodies corporate that are members of the same...

Practice Note

Many companies operate in groups, broadly meaning that they are under common economic ownership. The existence of groups of companies is recognised in many different...

Practice Note

Groups of companies A number of reliefs in respect of intangible fixed assets depend on membership of a group. For example, where there is a disposal of an intellectual...

Practice Note