On the making of a claim under CTA 2010, s. 188 CB or s. 188CC (¶739-200 above), group relief is given to the claimant company by deduction from its total profits of the claim period.

Claims under CTA 2010, s. 188CB

The amount of the deduction is:

(1)an amount equal to the surrendering company's surrenderable amounts for the surrender period, or

(2)if the claim is in relation to part of those amounts, an amount equal to that part.

However, this is subject to:

the limitations set out in CTA 2010, Part 5A, Ch. 4 (see ¶739-275, ¶739-300),

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