Section 672 Overview of Part

Chapter 2 restricts relief for trading losses in some cases where there is a change in the ownership of a company.

Chapter 2A restricts relief in some further cases involving a change in the company's activities.

Chapter 2B restricts relief for trading losses in some cases involving the transfer of an asset.

Chapters 2C and 2D restrict group relief for carried-forward losses in some cases.

Chapter 2E restricts relief for trading losses in some cases involving the transfer of a trade.

Chapters 3 and 4 restrict relief in some cases where there is a change in the ownership of a company with investment business.

Chapter 5 restricts relief for property losses in some cases where there is a change in the ownership of a company without investment business.

Chapter 5A restricts relief for certain non-trading deficits and losses where there is a change of ownership of a shell company.

Chapter 6 enables unpaid corporation tax to be recovered from a linked person in some cases where there is a change in the ownership of a company.

Chapter 8 contains supplementary provision.

See also Chapter 7 of Part 22 (recovery of unpaid corporation tax due from non-UK resident company).

For the meaning of—