Written Question·Treasury·UIN 101071
Joint Ventures: Corporation Tax
Tabled: 17 December 2025
Answered: 8 January 2026
Question
Luke Murphy
Labour — Basingstoke
To ask the Chancellor of the Exchequer, whether she plans to take steps to stop joint ventures using corporation tax reliefs through the purchase or transfer of trading losses.
Answer
Dan TomlinsonGroup relief allows the transfer of allowable losses from one company to another in the same group. Consortium relief is a type of group relief which allows companies that jointly own another company (a consortium company) to obtain relief for their share...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 101071) →