HMRC clarifies聽the requirements聽for loss carry-back allocation statements for group companies | Tolley | Tax News
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HMRC clarifies the requirements for loss carry-back allocation statements for group companies

Published on: 05 November 2021
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Specialist Tax Regulatory Materials

Article summary

HMRC has updated its policy paper on 鈥楨xtended Loss Carry Back for Businesses鈥� to clarify in聽the聽section on 'Loss carry-back allocation statement requirements' that such statements are only required to list members of the 2020 or 2021 group (as appropriate) if they are within the charge to CT.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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