CTM97670 | CTSA: group relief: simplified arrangements: authorising company
From HM Revenue & Customs · Company Taxation Manual
Regulation 5 SI1999/2975
The companies, which enter into the simplified arrangements along with the authorised company (), are called the ‘authorising companies’. A company can be an authorising company if it is:
a member of the group (), or
a company owned by a consortium of which a group company is a member ().
The authorising company must:
be named in the application to set up the simplified arrangement (), or
be treated as having joined the arrangement ().
Companies with accounting periods which overlap, but do not correspond may enter into a simplified arrangement.
The authorising companies remain liable in respect of any incorrect claims or amended returns made under the arrangements, even though the authorised company makes them on their behalf.