SCHEDULES
SCHEDULE 39Time limits for assessments, claims etc.
TCGA 1992
28
TCGA 1992 is amended as follows.
I229
In section 203(2)
(claims in respect of certain capital losses), for “6 years” substitute “
4 years
”
.
I130
In section 253(4A) (claims for relief for loans to traders)—
a
in paragraph (a), for “on or before the fifth anniversary of the 31st January next following” substitute “
not more than 4 years after the end of
”
, and
b
in paragraph (b), for “6 years” substitute “
4 years
”
.
I331
In section 279(5) (claims in respect of delayed remittance of gain from disposal of foreign assets)—
a
in paragraph (a), for “at any time after the fifth anniversary of the 31st January next following” substitute “
more than 4 years after the end of
”
, and
b
in paragraph (b), for “6 years” substitute “
4 years
”
.