Income Tax Act 2007

101Treating excess post-cessation trade relief as CGT lossU.K.
This adran has no associated Nodiadau Esboniadol

A person who cannot deduct all of an amount under a claim for post-cessation trade relief may be able to treat the unused part as an allowable loss for capital gains tax purposes: see sections 261D and 261E of TCGA 1992.