http://www.legislation.gov.uk/ukpga/2010/4/section/188BACorporation Tax Act 2010An Act to restate, with minor changes, certain enactments relating to corporation tax and certain enactments relating to company distributions; and for connected purposes.texttext/xmlenStatute Law Database2026-04-16Expert Participation2026-03-18
Corporation Tax Act 2010s. 658(1)(d)(e)Finance Act 2010Sch. 6 para. 31Sch. 6 para. 35Corporation Tax Act 2010s. 357CHAFinance Act 2024Sch. 2 para. 14(7)Sch. 2 para. 16(2)
PART 5A<Addition ChangeId="key-5f4b4ffe3f8c46c0f1df33d946de3a27-1530856815834" CommentaryRef="key-5f4b4ffe3f8c46c0f1df33d946de3a27">Group relief for carried-forward losses</Addition>CHAPTER 2<Addition ChangeId="key-5f4b4ffe3f8c46c0f1df33d946de3a27-1530856815834" CommentaryRef="key-5f4b4ffe3f8c46c0f1df33d946de3a27">Surrender of company's carried-forward losses </Addition><Abbreviation Expansion="Et cetera" xml:lang="la"><Addition ChangeId="key-5f4b4ffe3f8c46c0f1df33d946de3a27-1530856815834" CommentaryRef="key-5f4b4ffe3f8c46c0f1df33d946de3a27">etc</Addition></Abbreviation><Addition ChangeId="key-5f4b4ffe3f8c46c0f1df33d946de3a27-1530856815834" CommentaryRef="key-5f4b4ffe3f8c46c0f1df33d946de3a27">Overview of Chapter</Addition>188BA1This Chapter allows a company to surrender losses and other amounts that have been carried forward to an accounting period of the company.2Section 188BB sets out the basic provisions about the surrendering of losses and other amounts.3Sections 188BC to 188BJ place restrictions on the surrendering of losses and other amounts.Pt. 5A inserted (with effect in accordance with Sch. 4 para. 190 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 4 para. 23Pt. 5A excluded (14.7.2022) by Energy (Oil and Gas) Profits Levy Act 2022 (c. 40), s. 1(5)(e) (with ss. 15(1), 16(1))