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Legislation
Income Tax Act 2007

Crossheading Post-cessation property relief

  • Section 125 Post-cessation property relief
  • Section 126 Treating excess post-cessation property relief as CGT loss
  1. Post-cessation property relief
  2. Treating excess post-cessation property relief as CGT loss

Section 126 | Treating excess post-cessation property relief as CGT loss

From legislation.gov.uk

A person who cannot deduct all of an amount under a claim for post-cessation property 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.

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