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OP 59: Consolidated FDPA group company’s credit
or “Removed credit for consolidated group companies no longer applies”
You could also call this:

“Outdated rule about transferring tax credits between companies in a group”

This part of the law is no longer in effect. It used to be about how a group of companies could transfer certain tax credits to one of the companies in the group. The government removed this rule on 1 April 2017. If you want to know more about how companies share tax credits now, you should look at other parts of the tax law that are still active.

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Next up: OP 61: Consolidated FDPA transfer from group’s CTR account

or “Transfer of funds from group CTR account to FDPA no longer allowed”
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Part O Memorandum accounts
Memorandum accounts of consolidated groups: FDP credits of consolidated FDP groups

OP 60Consolidated FDPA credit transfer to company (Repealed)

    Notes
    • Section OP 60: repealed, on , by section 241(1) of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).