Paragraph 8 Claims for RPDT group relief

United Kingdom

(1)

This paragraph applies in relation to the surrendering company’s surrenderable amounts for the surrender period under paragraph 7.

(2)

The claimant company may make a claim for RPDT group relief for an accounting period (“the claim period”) in relation to those amounts (in whole or in part) if—

(a)

the surrendering company consents to the claim,

(b)

there is a period (“the overlapping period”) that is common to the claim period and the surrender period, and

(c)

at a time during the overlapping period the surrendering company and the claimant company are part of the same relief group.

(3)

More than one company may make a claim for RPDT group relief in relation to any surrenderable amounts (but the giving of RPDT group relief in relation to any claim is subject to the provisions of this Part of this Schedule).

(4)

Paragraph 70(3) and (4) of Schedule 18 to FA 1998 apply for the purposes of any consent given under this paragraph.