CTM97660 - CTSA: group relief: simplified arrangements: authorised company

Regulation 4 SI1999/2975

For a simplified arrangement (CTM97650) there must be an ‘authorised company’. The authorised company acts on behalf of ‘authorising companies’ (CTM97670) in making group relief claims and surrenders and from 1 April 2017, claiming and surrendering group relief for carried-forward losses.

The authorised company submits the written statement (CTM97710) containing group relief claims and surrenders and information necessary to amend the relevant company tax returns. The authorised company and all the authorising companies must be members of the same group (CTM97680).