Part 4Loss relief

Chapter 7Losses from miscellaneous transactions

Supplementary

155Time limit for claiming relief

(1)

So far as a claim for loss relief against F1relevant miscellaneous income concerns the amount of the loss for a tax year, it must be made F2not more than 4 years after the end of the tax year.

(2)

But—

(a)

the question whether, and

(b)

if so, how much,

loss relief against F1relevant miscellaneous income should be given for a tax year may be the subject of a separate claim made F3not more than 4 years after the end of the tax year.