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StatuteIncome Tax Act 2007

Section 101 — Income Tax Act 2007: Treating excess post-cessation trade relief as CGT loss

Text of the provision Official document

Treating excess post-cessation trade relief as CGT loss 101 A person who cannot deduct all of an amount under a claim for post-cessation trade relief may be able to treat the unused part as an allowable loss for capital gains tax purposes: see sections 261D and 261E of TCGA 1992.

Official source: legislation.gov.uk

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