Part 4Loss relief
Chapter 4Losses from property businesses
Property loss relief against general income
124Supplementary
(1)
A claim for property loss relief against general income must be made on or before the first anniversary of the normal self-assessment filing date for the tax year specified in the claim.
(2)
If a loss has previously been carried forward under section 118, the claim must be accompanied by the amendments of any return made under—
(a)
section 8 of TMA 1970, or
(b)
section 8A of TMA 1970,
that are necessary to give effect to section 118(5) (reducing the amount of the loss carried forward (if necessary, to nil)).