Schedule 7A Restriction on set-off of pre-entry lossesF1

United Kingdom

1. Application and construction of Schedule
2. Pre-entry proportion of losses on pre-entry assets
3. Disposals of pooled assets
4. Rule to prevent pre-entry losses on pooled assets being treated as post-entry losses
5. Alternative calculation by reference to market value
6. Restrictions on the deduction of pre-entry losses
7. Gains from which pre-entry losses are to be deductible
8. Change of a company’s nature
9. Identification of “the relevant group" and application of Schedule to every connected group
10. Appropriations to stock in trade
11. Continuity provisions
12. Companies changing groups on certain transfers of shares etc.