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Company losses

Company losses

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2 ongoing companies each own 50% of a third company. These 2 companies both have losses. Can anything be done with the losses in terms of relieving them to the third company other than passing up some form of management charge? Thanks.

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04th Feb 2019 13:09

Consortium relief could be an option. Overview of the rules/relevant legislation sections are stated in HMRC's Company Tax Manual CTM80500.

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