The meaning of the group relief provisions

Article by Sylvia Elwes, Barrister, who lectures at the University of Luton. This article appeared in the December 2004 issue of Tax Adviser. The decision of the House of Lords in Taylor (HMIT) v MEPC Holdings Ltd was discussed in the September issue of Tax Adviser. The statutory section at issue was ICTA 1988 s403 as originally enacted. Their lordships were concerned with the statutory provisions which were in force at the time of the relevant accounting period, here to 30 September 2004.

Technical Department
020 7235 9381

December 2004 by Sylvia Elwes