questionText: 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.
answerText: Group 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...
heading: Joint Ventures: Corporation Tax