C1C2Part 14Change in company ownership
Pt. 14 applied (with modifications) (14.7.2022) by Energy (Oil and Gas) Profits Levy Act 2022 (c. 40), Sch. 1 para. 18 (with ss. 15(1), 16(1), 17)
Chapter 1Introduction
672Overview of Part
1
Chapter 2 restricts relief for trading losses in some cases where there is a change in the ownership of a company.
F41A
Chapter 2A restricts relief in some further cases involving a change in the company's activities.
1B
Chapter 2B restricts relief for trading losses in some cases involving the transfer of an asset.
1C
Chapters 2C and 2D restrict group relief for carried-forward losses in some cases.
1D
Chapter 2E restricts relief for trading losses in some cases involving the transfer of a trade.
2
Chapters 3 and 4 restrict relief in some cases where there is a change in the ownership of a company with investment business.
3
Chapter 5 restricts relief for property losses in some cases where there is a change in the ownership of a company without investment business.
F13A
Chapter 5A restricts relief for certain non-trading deficits and losses where there is a change of ownership of a shell company.
4
Chapter 6 enables unpaid corporation tax to be recovered from a linked person in some cases where there is a change in the ownership of a company.
5
Chapter 8 contains supplementary provision.
6
See also Chapter 7 of Part 22 (recovery of unpaid corporation tax due from non-UK resident company).
7
For the meaning of—
a
“change in the ownership of a company”, see Chapter 7,
b
“company with investment business”, see section 729, F2...
F3ba
shell company”, see section 705A, and
c
“linked” person, see section 706.
Pt. 14 applied (1.4.2022 in relation to accounting periods beginning on or after that date) by Finance Act 2022 (c. 3), s. 51(1), Sch. 7 para. 20