Decision Maker: Shareholder Committee
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
The Committee considered an exempt report from the Shareholder Representative, proposing that the losses on the Crown House companies be surrendered to Graven Hill for application in Graven Hill’s 2022/23 corporation tax calculations under the group relief provisions.
Resolved
(1) That the losses on the Crown House companies be surrendered to Graven Hill for application in Graven Hill’s 2022/23 corporation tax calculations under the group relief provisions be agreed.
Reason Key: Significant Expenditure or Savings and effect on communities in two or more wards;
Reason No Public Access: Paragraph 3 of schedule 12A in Local Government Act 1972
Contact: Stephen Hinds, Corporate Director Resources and Tranformation Email: stephen.hinds@cherwell-dc.gov.uk Tel: 01295 221620.
Report author: Stephen Hinds
Publication date: 28/06/2024
Date of decision: 26/06/2024
Decided at meeting: 26/06/2024 - Shareholder Committee
Effective from: 05/07/2024