Jurisdiction(s):
United Kingdom

Key definition

Group relief definition

What does Group relief mean? group relief is a corporation tax mechanism that lets one group company surrender specified losses or reliefs to another to reduce the claimant company’s taxable profits for overlapping accounting periods. It is legislated in the UK (Corporation Tax Act 2010, including the post‑2017 carried‑forward loss rules) and Ireland (Taxes Consolidation Act 1997, ss.420–423). Key features: - Available only where both the surrendering and claimant companies are within the charge to corporation tax and in the same 75% group throughout the relevant periods (with separate rules for consortium relief). - Surrenderable amounts typically include current‑period trading losses, non‑trading deficits on loan relationships,...

SDLT Group Relief: Eligibility, 75% Group Tests, Claims, Anti-avoidance, and Clawback (England and Northern Ireland)

Published by a LexisNexis Tax expert

Practice notes

Generally, subject to any exemptions or reliefs, acquiring a chargeable interest in land (a land transaction), including the grant of a leasehold interest, is ordinarily subject to stamp duty land tax (SDLT). An exemption from SDLT can be claimed where:

the land transaction is entered into between two separate corporate bodies that, at the SDLT‑effective date of the transaction (usually completion), are members of the same SDLT group
the anti‑avoidance provisions do not operate to deny relief, and
it is duly claimed on the land transaction return, SDLT1, using code 12

Although no supporting documents accompany the claim, the purchasing claimant must still keep evidence to demonstrate its entitlement to it, since HMRC may enquire into the validity of the relief claim up to nine months after:

the filing date of the land transaction return (ie due date for filing a return), if the return is delivered on or before that date
the date on which the land transaction return was delivered (if delivered after the filing date), or
the date on which an amendment to the land transaction return was made (where amended by the purchaser under FA 2003, Sch 10, para 6)...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Web page updated on 21/05/2026

Popular documents

Using the Judicial College Guidelines to assess general damages in personal injury claims

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Tomlin orders in England and Wales: CPR guidance on drafting, confidentiality, approval, variation, enforcement, limitation, CCA issues, court-specific requirements, sample wording and precedents

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Precedent: Deed of Surrender of Lease with Optional Premium, Settlement and Release, Landlord, Mortgagee and Guarantor Consents, Reimbursement and HM Land Registry Provisions (England and Wales)

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Precedent Statutory Declaration: Standard Wording under the Statutory Declarations Act 1835

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...