CTM06820 | Corporation Tax: loss buying: restriction of group relief for carried-forward losses: restriction of reliefs
From HM Revenue & Customs · Company Taxation Manual
restricts reliefs for losses and other amounts incurred before the {change in ownership} and carried forward under the following provisions:
· Non-trading deficits from loan relationships carried forward against total profits (),
· Non-trading losses on intangible fixed assets carried forward (),
· Expenses of management carried forward (),
· Post-April 2017 trade losses carried forward against total profits (),
· UK property business losses carried forward (, S63(3)(a)),
· Excess carried-forward non-decommissioning losses of oil and gas ring fence trades (, S303D(3)),
· Excess carried-forward BLAGAB trade losses (,S124C(3)).