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OP 76: Consolidated FDPA tax advantage arrangement
or “Removed rule about tax advantages for consolidated FDP groups”
You could also call this:

“Removed rule about consolidated FDP group balances”

This section of the law has been removed. It was about something called a ‘Consolidated FDPA final balance’, which was part of the rules for FDP debits of consolidated FDP groups. The government took this part out of the Income Tax Act 2007 on 1 April 2017. This means it no longer applies and you don’t need to worry about it anymore.

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Next up: OP 78: CTR accounts of consolidated groups

or “Tax relief accounts for company groups no longer exist”
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Part O Memorandum accounts
Memorandum accounts of consolidated groups: FDP debits of consolidated FDP groups

OP 77Consolidated FDPA final balance (Repealed)

    Notes
    • Section OP 77: repealed, on , by section 243 of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).