Under specific powers1 that authorise the Treasury to make regulations simplifying the claims procedure for group relief (current year and carried forward losses), regulations2 exist to allow a group to adopt simplified procedures for making and amending claims for group relief for both current year and carried forward losses.
Where such arrangements have been made, HMRC has the power to recover from another company in the group any amount which might be recovered from the claimant company where excessive relief has been given.
Simplified procedure for group/consortium claims
The simplified procedure covers group/consortium relief claims (current year and carried forward) made by a company in its original tax return.
Under these rules, a claim for group/consortium relief does not have to be accompanied by the copy of the notice of consent from the company surrendering the relief (see D2.240)3 provided:
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•ÌýÌýÌýÌý an application for the simplified arrangements has been accepted by HMRC, and
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•ÌýÌýÌýÌý authority for using the simplified arrangements has been given by
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Web page updated on 17 Mar 2025 13:57