A simplification being introduced to assist groups of companies is an amendment so that negligible value claims (and other deemed disposals, such as the liquidation of a company) can be made to set the capital loss against chargeable gains arising in a specific group company.
 

In detail

 
The legislation will be changed so that rather than treating the disposal as a deemed transfer of an asset within a group, when the two group companies jointly elect the gain or loss will be transferred from one company to another. This will apply to losses or gains arising on after the date of Royal Asset of Finance Act 2009.