Rollover relief on intangibles is extended to groups where another group company acquires qualifying intangible assets and also where the group invests in a company which owns qualifying intangible assets, both circumstances are detailed below.
Intangible assets—rollover relief within a group of companies
Rollover relief on reinvestment is extended to expenditure incurred by one company where an asset has been realised by another company which is a member of the same group1. Provided that certain conditions are satisfied, the two companies are treated as the same company for rollover relief purposes. The conditions are that2:
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•ÌýÌýÌýÌý the realising company must be a member of the group at the time it realises the old asset
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•ÌýÌýÌýÌý the replacement expenditure must be made by a company that is a member of the group at the time it incurs expenditure; however, the two companies do not have to be members of the group at the same time
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•ÌýÌýÌýÌý the company incurring the expenditure is not a 'dual-resident investing company' (see D4.133)
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Web page updated on 17 Mar 2025 14:58