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.