Policy paper
Abolition of cross-border group relief
This tax information and impact note is about the abolition of cross-border group relief and other related loss reliefs from 27 October 2021.
Documents
Details
This measure repeals legislation that permits UK companies in certain circumstances to claim group relief for losses incurred in the European Economic Area (EEA).
It also amends legislation that limits the amount of losses that an EEA resident company trading in the UK through a UK Permanent Establishment can surrender as group relief.