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).