CTM80235 - Groups: group relief: overlapping period - unused part of surrenderable amount and unrelieved part of claimant’s profits

ICTA88/S403A (2)

For the purposes of Section 403A (CTM80215), the unused part of the surrenderable amount for the overlapping period is:

• the surrenderable amount for the overlapping period (CTM80230),

less

• the amount of any prior surrenders attributable to the overlapping period (CTM80240).

The unrelieved part of claimant’s total profits for the overlapping period is:

• its total profits for the overlapping period (CTM80230),

less

• the amount of any previous claims for group relief attributable to the overlapping period (CTM80245).

There is an example at CTM80255.