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1. www.gov.uk › guidance › corporation-tax-groupGroup Payment Arrangements for Corporation Tax - GOV.UK

   www.gov.uk › guidance › corporation-tax-group

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   Jan 1, 2007 · Some or all members of the group will normally have to pay Corporation Tax by instalments. At least 4 payments will be needed for each accounting period. Your payments will have to be based on ...

2. www.pinsentmasons.com › out-law › guidesUK corporation tax group relief - Pinsent Masons

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   Oct 26, 2023 · group relief rules allow companies that are making corporation tax losses to surrender those losses to profit-making group companies. Group relationships can be established in relation to a variety of different taxes. Each tax has a different definition of what a group of companies means for its purposes. Group relief is an important and useful ...

   • Author: Peter Morley

3. www.gov.uk › hmrc-internal-manuals › companyCTM80105 - Groups: group relief: structural outline - GOV.UK

   www.gov.uk › hmrc-internal-manuals › company

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   Part 5 CTA10. Group relief is a relief from Corporation Tax. The basic idea of group relief is to tax the economic unit that gives rise to profits over a corresponding period. Of course, some ...

4. taxsummaries.pwc.com › Corporate › Group-taxationUnited Kingdom - Corporate - Group taxation

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   Jul 8, 2024 · Corporation tax. The corporation tax system includes a number of measures that advantage UK members of qualifying groups, all of which are subject to anti-avoidance measures. Operating taxable profits and losses arising in the same period can usually be offset between UK resident 75% affiliates within a worldwide group (known as 'group relief ...

5. www.accaglobal.com › content › damCorporation tax and groups – group relief - ACCA Global

   www.accaglobal.com › content › dam

   In the year ended 31 March 2012, UL Ltd has a trading loss of £200,000 and no other income or gains. In the previous year its taxable profits were £235,000. Its upper limit is £375,000 and its lower limit is £75,000. The other members of its group relief group pay corporation tax at the full rate.

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6. www.gov.uk › corporation-tax-detailed-informationCorporation Tax: detailed information - GOV.UK

   www.gov.uk › corporation-tax-detailed-information

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   Feb 12, 2024 · Corporation Tax. Guidance, forms and manuals for Corporation Tax. Including preparing accounts, reliefs, filing returns, payments, charities and clubs, and non-resident companies.

7. People also ask

   Are group companies taxable in the UK?

   • The basic principle is that each company is a separate taxable entity for UK tax purposes, required to complete returns and account for tax to HMRC. However, special rules mean that some transactions between group companies are ignored for tax purposes and, for some tax purposes, groups can be treated as if they were one entity. For example:

   UK corporation tax group relief - Pinsent Masons

   www.pinsentmasons.com/out-law/guides/group-relief

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   Do group companies have special tax rules?

   • However, special rules mean that some transactions between group companies are ignored for tax purposes and, for some tax purposes, groups can be treated as if they were one entity. For example: group relief rules allow companies that are making corporation tax losses to surrender those losses to profit-making group companies.

   UK corporation tax group relief - Pinsent Masons

   www.pinsentmasons.com/out-law/guides/group-relief

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   What is a group of companies tax relief?

   • Each tax has a different definition of what a group of companies means for its purposes. Group relief is an important and useful relief for groups of companies, and this guide looks in more detail at the mechanics of the relief and the tests that need to be satisfied for the relief to operate.

   UK corporation tax group relief - Pinsent Masons

   www.pinsentmasons.com/out-law/guides/group-relief

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   Do corporate group members have to submit their own tax return?

   • Each individual corporate group member is required to submit their own tax return on a stand-alone basis, with the exception of the election available with respect to VAT (discussed below).

   United Kingdom - Corporate - Group taxation - Worldwide Tax Summar…

   taxsummaries.pwc.com/United-Kingdom/Corporate/Group-taxation

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   Do companies in a group have the same accounting periods?

   • Companies in a group tend to have the same accounting periods, and so the relief can easily be applied to the appropriate amount of profit in the claimant company. Special rules exist where the companies do not have the same accounting periods to allow group relief on a time-apportioned basis.

   UK corporation tax group relief - Pinsent Masons

   www.pinsentmasons.com/out-law/guides/group-relief

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   Do you have to pay corporation tax by instalments?

   • Some or all members of the group will normally have to pay Corporation Tax by instalments. At least 4 payments will be needed for each accounting period. Your payments will have to be based on estimates of your profits. The payments you make are unlikely to be exactly right and a ‘top-up’ payment or an overall repayment may be needed.

   Group Payment Arrangements for Corporation Tax - GOV.UK

   www.gov.uk/guidance/corporation-tax-group-payment-arrangements

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8. www.easydigitalfiling.com › kb › understanding-groupUnderstanding Group Relief in Corporation Tax Filing

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   Jun 14, 2024 · Group Relief is a useful instrument for companies which are members of a group. The use of group relief allows a loss-making company within a group to transfer its losses and other eligible amounts to another company within the group. Transferred losses in a group, can either be carried forwards or losses incurred in the current accounting ...