Group Companies

August 31, 2024 5 min read Definitions

Consolidated Accounts: Comprehensive Overview

Finance Accounting Consolidated-Accounts Financial Reporting Group Companies Accounting Principles Financial Statements

An in-depth exploration of consolidated accounts, combining financial information of all the members within a group of companies, including historical context, key events, detailed explanations, and more.

August 31, 2024 3 min read Definitions

Fellow Subsidiary: Definition and Explanation

Economics Finance Subsidiaries Parent Company Group Companies Business Structure Corporate Relations

A detailed overview of Fellow Subsidiaries within a group of companies, including their roles, importance, and relevant examples.

August 31, 2024 4 min read Definitions

Group Relief: Tax Relief for Corporate Groups

Finance Taxation Group Relief Corporate Tax Group Companies Loss Transfer Tax Efficiency

Group Relief allows companies within a 75% group to transfer qualifying losses, reducing the overall tax liability by setting losses against profits of other group members.