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Legislation
Corporation Tax Act 2010

Crossheading General limitation on amount of group relief to be given

  • Section 138 Limitation on amount of group relief applying to all claims
  • Section 139 Unused part of the surrenderable amounts
  • Section 140 Unrelieved part of claimant company's available total profits
  • Section 141 Sections 139 and 140: supplementary
  • Section 142 Meaning of “the overlapping period”
  1. General limitation on amount of group relief to be given
  2. Limitation on amount of group relief applying to all claims

Section 138 | Limitation on amount of group relief applying to all claims

From legislation.gov.uk

The amount of group relief to be given on a claim (“the current claim”) is limited to—

(a)the unused part of the surrenderable amounts (see section 139), or

(b)if less, the unrelieved part of the claimant company's available total profits of the claim period (see section 140).

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