Corporation tax – Groups and chargeable gains for Paper P6 (UK) – part 1: self-test

Test your understanding

These questions are based on the Q Ltd group set out below.

p6-capgains-fig1


(1). Q Ltd wants to increase its holding in G Ltd with the aim of bringing all of the group companies into a single capital gains group

What must Q Ltd’s new holding in G Ltd be?


(2)
. What are the capital gains group implications of L Ltd owning 85% of an additional company, M Ltd?


Answers