CTM80225 - Groups: group relief: non coinciding accounting periods or group relationships: overlapping period

ICTA88/S403A(8), (9) and (10)

Where:

• a claimant’s and surrendering company’s accounting periods do not coincide, or
• the claimant and surrendering company are not members of the same group ( CTM80150) throughout an accounting period,

then for the purposes of Section 403A ( CTM80215) the ‘overlapping period’ is the period common to both accounting periods or, as the case may be, the period for which the companies were members of the same group.