Income Tax Act 2007

155Time limit for claiming reliefU.K.
This section has no associated Explanatory Notes

(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 on or before the fifth anniversary of the normal self-assessment filing date for 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 on or before the fifth anniversary of the normal self-assessment filing date for the tax year.