Paragraph 15 Surrender of company’s carried-forward losses for an accounting period
United Kingdom
(1)
Sub-paragraph (2) applies if—
(a)
an adjusted trading loss is carried forward to a surrender period of a surrendering company under Part 1 of this Schedule,
(b)
relief under that Part is not given for an amount of the loss (“the unrelieved amount”), and
(c)
the company is part of a relief group.
(2)
The surrendering company may surrender the unrelieved amount.