Part 4

Loss relief
Chapter 2

Trade losses
...

No relief where cash basis used to calculate losses
74E. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
S. 74E and cross-heading omitted (6.4.2024 for the tax year 2024-25 and subsequent tax years) by virtue of Finance Act 2024 (c. 3), Sch. 10 paras. 8(a), 47 (with Sch. 10 paras. 48-50)