Group relief
Overview
This section lets you transfer group losses between group members.
Completing the Sheets
Group Module
Linked entities with calculations that have overlapping periods are inserted into this sheet automatically. Data is automatically populated from company calculations, and there are questions to complete to determine whether the company qualifies for Group relief. A row or column is added to the Group relief matrix for each company that qualifies for Group relief.
Group summary
This sheet summarises profits, losses, group relief claimed or surrendered from underlying companies.
Group relief matrix
The rows and columns in this sheet are populated automatically using data from individual entities in the group if they qualify for group relief. These amounts can then be pushed down to populate the losses in the relevant entity calculations.
Group members
This sheet displays underlying company information. You can select an answer to determine whether a company is eligible for group relief.
Group module transfer in company calculation:
Group module transfer sheet: The Group module transfer sheet populates the Group module. This sheet is present in all company calculations.
Group relief sheet: Data is pushed down from the Group module to the Group relief sheet. This sheet is present in all company calculations.
Group relief
This is an optional sheet in the company calculation where users can enter the details of Group relief claims and surrenders.
If the group module has been used, data will populate automatically. However, data can also be entered manually on this sheet.
To make a claim the Return Form C (RK-S) or (RK-T) should be inserted into the calculation.