Group losses

Loss relief

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Hi, not done groups for a while so please bear with me. Individuals incorporated a company to purchase the shares of a trading company via a bank loan financved to the new holding company. The trading subsidiary pays dividends to the holding company which are used to repay the bank loans. The holding company's accounts therefore shows dividend income and interest charges, therefore creating a tax loss, presumably this is simply group relieved against the trading company ?

Thanks

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