BIM86046 | TMIA – Other Considerations: Post-Cessation Receipts
From HM Revenue & Customs · Business Income Manual
Post cessation receipts do not qualify for the trading allowance as they are not chargeable under . Therefore, the trading allowance cannot be used to reduce an individual’s gross income from post cessation receipts.
More information on post-cessation receipts can be found at to inclusive.
More information on post-cessation expenses can be found at to inclusive.