»Ê¹ÚÌåÓýapp

This guidance applies to worldwide group periods of account ending before or straddling 1 April 2017.

»Ê¹ÚÌåÓýapp procedure for appointing an authorised company for statements allocating disallowances.

An application to appoint an authorised company has to be in writing and must be made not later than 9 months after the end of the relevant period of account. »Ê¹ÚÌåÓýapp appointment application has to be signed by the appropriate person for each relevant group company that was such a company at any time during the relevant period of account.

»Ê¹ÚÌåÓýapp application should be made by the company that is applying to be the authorised company, to the tax office that deals with its corporation tax affairs. »Ê¹ÚÌåÓýapp application needs to contain information required by »Ê¹ÚÌåÓýapp Corporation Tax (Financing Costs and Income) Regulations 2009 for both the applicant company and the relevant group companies to which TIOPA10/PT7/CH3 applies. Further details of the information needed to support the application is in CFM91470.

Once a company is appointed as the authorised company the appointment continues until it is revoked.