Commentary

D2.244 Recovery of excessive group relief—current year and carried forward losses

Corporate tax
Corporate tax | Commentary

D2.244 Recovery of excessive group relief—current year and carried forward losses

Corporate tax | Commentary

D2.244 Recovery of excessive group relief—current year and carried forward losses

If HMRC discover that any group relief given (for current year losses or brought forward losses) is or has become excessive, they may make an assessment for the amount which in their opinion ought to be charged1.

The normal time limits apply to the issue of such assessments, unless the assessment is made because the claimant company has failed to amend its tax return following a reduction in the amount of relief available for surrender2 (in which case the time limit is extended to one year from the date on

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