CTM80220 - Groups: group relief: non coinciding accounting periods or group relationships - the order which claims are dealt with

CTA10/S141

CTA10/S141 contains rules for determining the order of dealing with multiple claims to group relief.

Rule 1

Subsection (1) explains what happens if two or more claims are made at the same time. They are treated as made in whatever order the company or companies choose, by electing. If they do not elect, the claims are made in such order as an officer of HMRC directs.

Rule 2

Subsection (2) contains the rule about determining the amount of relief given on each prior claim. The amount of group relief given on a prior claim is determined by calculating the relief on each claim in the order in which they are made, in line with Rule 1.