Policy paper
Amendments to The Mutual Societies (Transfers of Business) (Tax) Regulations 2009
This tax information and impact note is about changes to the rules for using trade losses for Corporation Tax purposes, in the event of transfers of business by building societies.
Documents
Details
This measure amends the existing regulations relating to use of trade losses where there have been transfers of business by building societies. The measure reflects changes made to the use of trade losses incurred on or after 1 April 2017.