Related 51% Group Companies
A company is a related 51% group company if the parent company owns directly or indirectly more than 50% of the share capital of the subsidiary company at the end of the previous accounting period.
Dormant companies are excluded but OVERSEAS companies are included.
What are the tax implications of related 51% group companies?
- Determination of LARGE COMPANY STATUS for QUARTERLY INSTALMENT PAYMENTS.
- Only 1 AIA is available to 51% group companies.
- GROUP VAT REGISTRATION.