http://www.legislation.gov.uk/ukpga/2007/3/section/101/notesIncome taxTaxInvestmentIncomeLegislationExplanatory Notes to Income Tax Act 2007HM Revenue and CustomsKing's Printer of Acts of Parliament2018-08-30
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2007/3" id="c00001" Class="UnitedKingdomPublicGeneralAct" Year="2007" Number="0003">Income Tax Act 2007</Citation>
3
20 March 2007
Commentary on Sections<CitationSubRef id="c00368" URI="http://www.legislation.gov.uk/id/ukpga/2007/3/part/4" CitationRef="c00001" SectionRef="part-4">Part 4</CitationSubRef>: Loss reliefOverview<CitationSubRef id="c00378" URI="http://www.legislation.gov.uk/id/ukpga/2007/3/part/4/chapter/2" CitationRef="c00368" SectionRef="part-4-chapter-2">Chapter 2</CitationSubRef>: Trade lossesOverview
<CitationSubRef id="c00522" URI="http://www.legislation.gov.uk/id/ukpga/2007/3/section/101" CitationRef="c00001" SectionRef="section-101">Section 101</CitationSubRef>: Treating excess post-cessation trade relief as <Acronym Expansion="Captial Gains Tax">CGT</Acronym> loss
330
This section is a signpost to a capital gains tax relief that may be available where there is insufficient income to absorb an amount claimed by way of post-cessation trade relief. It is new.