Part 4Loss relief

Chapter 7Losses from miscellaneous transactions

Supplementary

155Time limit for claiming relief

1

So far as a claim for loss relief against miscellaneous income concerns the amount of the loss for a tax year, it must be made F1not more than 4 years after the end of the tax year.

2

But—

a

the question whether, and

b

if so, how much,

loss relief against miscellaneous income should be given for a tax year may be the subject of a separate claim made F2not more than 4 years after the end of the tax year.