CTM82160 | Reform of Corporation Tax loss relief: Group relief for carried-forward losses: Order in which claims are dealt with

CTA10/188DF

A company may make more than one claim for group relief for carried-forward losses in a claim period.

If two or more claims are made at the same time, they are treated as made in the order the company or companies elect. If there is no election, the claims are made in such order as an officer of HMRC directs (CTA10/S188DF(1)).

The amount of group relief for carried-forward losses given on a prior claim is determined on the basis that relief is given on the prior claim before it is given on a later claim (CTA10/S188DF(2)).