CTM03560 - Corporation Tax: small companies: company with associated companies

Where in any accounting period a company has one or more associated companies, the first and second relevant amounts and the lower and upper relevant maximum amounts are divided by one plus the number of those associated companies. Thus if the company has three associated companies and its accounting period is for the twelve months to 31 March 2010, the lower and upper relevant maximum amounts are £75,000 (£300,000 / 4) and £375,000 (£1,500,000 / 4) respectively. Where the accounting period is for less than twelve months, these figures are proportionately reduced.