Surrendered carried forward losses

You need to complete this tab if the company is surrendering any amount of carried forward loss under the group (or consortium) provisions.

Unless a simplified arrangement is in force:

• A notice of consent to each claim is needed
• This part is acceptable as a notice of consent, if the surrendering company details are entered and it is completed by an authorised person
• Send a copy of the notice of consent to the HMRC office dealing with the claimant company’s return before or at the same time as the claimant company submits its return claiming the group relief
• The consent of all the other consortium members is needed for consortium relief.

Field	Description
Amounts surrendered
Trading losses carried forward / Surrendered	This line shows the trading losses carried forward. Enter the total amount to be surrendered.
Non-trading deficit on loan relationships carried forward / surrendered	Enter the amount of non-trading deficit surrendered.
UK property business losses carried forward	Enter the amount of losses surrendered.
Management expenses carried forward	Enter the amount of management expenses surrendered.
Non trading deficits on intangible fixed assets carried forward	Enter the amount of non-trading deficit surrendered.
Total	This field shows the total losses being surrendered to group companies.
Details of surrender
For each line:
Name of claimant company	The name of the company claiming the relief.
Start of accounting period	The start of the claimant company’s accounting period. You may leave this field blank if the accounting period of the claimant company is the same as the accounting period of the surrendering company.
End of accounting period	The end of the claimant company’s accounting period. You may leave this field blank if the accounting period of the claimant company is the same as the accounting period of the surrendering company.
UTR	The claimant company’s UTR.
Amount surrendered	The amount being surrendered to the company.
Total	The total of the claimed losses should match the surrendered losses above.
If you choose to enter the starting and ending dates for the claimant company accounting period and the period is the same as the surrendering company’s accounting period then the Tax Return will not show the starting and ending dates. This is in order to comply with HMRC validations.
Authorisation
Simplified arrangements apply	Select if simplified arrangements are in place. Name of authorising person – Enter the name of the authorising person. Status – Enter the status of the authorising person.
Consent forms are attached (note: add as PDF attachment)	Select if consent forms are attached.