Company losses

Company losses

Didn't find your answer?

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.

Replies (1)

Please login or register to join the discussion.

Scooby
By gainsborough
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.

Thanks (1)