Group relief for carried-forward losses is given as a deduction from the claimant company's total profits.

The deduction for group relief for carried-forward losses must be made before:

Deductions for trading losses carried back under s37(3)(b) from an accounting period (AP) after the claim period,

Deductions for capital allowances carried back under CAA01/S260(3) from an AP after the claim period, and

Deductions for non-trade loan relationship deficits carried back under CTA09/S389 or CTA09/S463B from a deficit period after the claim period.

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