CTM80100 - Groups & consortia: group relief: Contents
This chapter applies for accounting periods ending on or after 1 April 1998
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CTM80105Structural outline
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CTM80110What can be transferred between group members?
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CTM80115Meaning of trading loss
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CTM80120Meaning of excess capital allowances
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CTM80125Meaning of deficits on non-trading loan relationships
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CTM80130Meaning of qualifying charitable donations
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CTM80135Meaning of UK property business loss
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CTM80140Meaning of excess management expenses
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CTM80141Meaning of non-trading losses on intangible fixed assets
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CTM80142Special rules that apply to “relevant amounts”
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CTM80143Order of relief for amounts which can be surrendered
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CTM80145Claims for relief
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CTM80150Which companies may claim and surrender group relief?
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CTM80151The group relationship
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CTM80152Group relief and partnerships
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CTM80155Shareholding rule plus the entitlement to profits/assets tests
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CTM80160Applying the entitlement to profits/assets tests
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CTM80165Overview of the arrangements rules
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CTM80170Arrangements, effect 1
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CTM80175Arrangements, effect 2
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CTM80180Arrangements, effect 3
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CTM80181Exclusion of certain arrangements
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CTM80185Enabling arrangements
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CTM80190Direct arrangements
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CTM80195Date of arrangements
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CTM80196Contingent arrangements
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CTM80205HMRC’s approach to “arrangements” - SP3/93 and ESC C10
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CTM80206Examples of arrangements
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CTM80210Non coinciding accounting periods or group relationships - overview
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CTM80215Non coinciding accounting periods or group relationships - multiple claims
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CTM80220Non coinciding accounting periods or group relationships - the order which claims are dealt with
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CTM80225Non coinciding accounting periods or group relationships - overlapping period
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CTM80230Non coinciding accounting periods or group relationships - unused part of the surrenderable amounts
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CTM80235Non coinciding accounting periods or group relationships - unrelieved part of claimant company’s available total profits
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CTM80240Non coinciding accounting periods or group relationships - amount of any prior surrenders attributable thereto
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CTM80245Non coinciding accounting periods or group relationships - amount of any previous claims attributable thereto
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CTM80255Non coinciding accounting periods or group relationships - example
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CTM80260Non coinciding accounting periods or group relationships – time apportionment is not the only permitted method
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CTM80265Non coinciding accounting periods or group relationships - use of management accounts
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CTM80270Non coinciding accounting periods or group relationships - apportioned amount not to exceed total loss
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CTM80300The international aspect - overview
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CTM80305The international aspect - permanent establishments
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CTM80310UK permanent establishment of non-resident company
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CTM80315UK permanent establishment of non-resident company - tax relief in a foreign jurisdiction
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CTM80320Meaning of non-UK profits
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CTM80325Meaning of non-UK tax
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CTM80330UK permanent establishment of non-resident company - tax relief in a foreign jurisdiction - credit and exemption countries
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CTM80332UK permanent establishment of non-resident company – determining tax relief in a foreign jurisdiction for an EEA resident company
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CTM80333UK permanent establishment of non-resident company – determining amount available for surrender in the UK for an EEA resident company
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CTM80335UK permanent establishment of non-resident company - clawing back group relief for losses relieved in foreign jurisdiction for an EEA resident company
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CTM80340UK permanent establishment of non-resident company - losses exempted by double taxation agreements
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CTM80345UK permanent establishment of non-resident company - amounts which can be surrendered
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CTM80350Overseas permanent establishment of UK resident company
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CTM80355Overseas permanent establishment of UK resident company - meaning of attributable to overseas permanent establishment
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CTM80360Overseas permanent establishment of UK resident company - meaning of tax relief in a foreign jurisdiction
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CTM80365Overseas permanent establishment of UK resident company - foreign ‘tie-breaker’ rules
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CTM80370The international aspect - accounting period straddling 1 April 2000
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CTM80400Available total profits
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CTM80405Exclusion of double allowances
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CTM80410Cases of difficulty
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CTM80415Avoidance
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CTM80435Example - surrender of trading losses
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CTM80440Example - surrender of excess capital allowances
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CTM80445Example - surrender of excess management expenses
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CTM80450Example - surrender of excess qualifying charitable donations