Section 227A — Finance Act 2014: Group relief claims after accelerated payment notices

Group relief claims after accelerated payment notices 227A 1 This section applies where as a result of an accelerated payment notice given to P—

a P was prevented from consenting to a claim for group relief in respect of an amount under section 225A(2), or b pursuant to section 225A(3), a consent given by P to a claim for group relief in respect of an amount was ineffective.

2 If a final determination establishes that the amount P has available to surrender consists of or includes the amount referred to in subsection (1)(a) or (b) or a part of it (“the allowed amount”)—

a section 225A(2) and (3) (which prevents consent being given to group relief claims) ceases to apply in relation to the allowed amount, and b a claim for group relief in respect of any part of the allowed amount may be made within the period of 30 days after the relevant time.

3 The time limits otherwise applicable to amendment of a company tax return do not apply to an amendment to the extent that it makes a claim for group relief in respect of any part of the allowed amount within the time limit allowed by subsection (2)(b).

4 In this section— “ final determination ” means—

a conclusion stated in a closure notice under paragraph 34 of Schedule 18 to FA 1998 against which no appeal is made; the final determination of a tax appeal within paragraph (d) or (e) of section 203; “ relevant time ” means—

in a case within paragraph (a) above, the end of the period during which the appeal could have been made; in the case within paragraph (b) above, the end of the day on which the final determination occurs.