Modifications etc. (not altering text)
C1Pt. 4 excluded by 2010 c. 4, s. 938N (as inserted (19.7.2011) by Finance Act 2011 (c. 11), Sch. 5 para. 2)
(1)In this Part “losses” includes amounts which are not losses but in respect of which relief may be given in accordance with—
(a)section 57 of ITTOIA 2005 (pre-trading expenses),
(b)section 88 of ITA 2007 (carry forward of certain interest),
(c)section 61 of CTA 2009 (pre-trading expenses),
(d)sections 387 to 391 of CTA 2009 (insurance companies: non-trading deficits on loan relationships),
(e)Chapter 16 of Part 5 of CTA 2009 (non-trading deficits on loan relationships),
(f)section 1223 of CTA 2009 (excess of management expenses), or
(g)Part 5 of CTA 2010 (group relief).
(2)In this Part “profits” includes income.