RPDT20430 | The charge to RPDT: reliefs: RPDT Group relief for carried forward losses - section 41 part 3 of schedule 7 Finance Act 2022

Group relief for carried forward RPDT losses is provided for by FA22/Sch7/Part3. This is a stand-alone form of group relief for carried forward losses that applies for RPDT but the rules for computing the surrenderable amount for Corporation Tax group relief for carried forward losses apply as do the administrative rules.

Where a group has entered into the “joint amended return” arrangements provided for in FA98/Sch18/Para77 then RPDT amounts may be included in that return.

Note that the meaning of a group for this purpose is the same as that for Corporation Tax group relief and is not the same as the slightly wider meaning of group for other purposes of RPDT.

Guidance on group relief for carried forward amounts for Corporation Tax generally can be found at CTM80200 onwards, the content applicable to surrender of carried forward trading losses applies to the surrender of RPDT group relief for carried forward losses.

RPDT01100 contains a general introduction to RPDT and a list of abbreviations used.