CTM80141 - Groups: group relief: non-trading losses on intangible fixed assets

ICTA88/S403 (1) and (3), ICTA88/S403ZD (6), ICTA88/S403ZE

Non-trading losses on intangible fixed assets can be surrendered and claimed as group relief ( CTM81500).

The amount of such losses (CIRD13550) that can be surrendered is the excess of losses in the accounting period over all the other profits ( CTM80142) of the accounting period. It does not include amounts brought forward from an earlier accounting period under FA02/SCH29/PARA35 (3).