Reinvestment relief: general matters and conditions to be satisfied: form of claim
This paragraph requires a claim to reinvestment relief to specify:
- the old assets to which the claim relates,
- the expenditure on other assets leading to the deferral in relation to each old asset, and
- the amount of relief claimed in relation to that asset.
Otherwise, the general procedural rules for CT claims (Part VII of FA88/SCH18) apply including the six-year time limit in FA88/SCH18/PARA55 (see CTM90610).
See CIRD20015 for the procedure whereby a company may make a provisional declaration of entitlement to relief, similar to that for CG roll-over relief.