Part 4

Loss relief
Chapter 2

Trade losses

Restrictions on sideways relief for certain capital allowances

Capital allowances restrictions: supplementary
79
1
If relief is given in a case to which section 75 or 76 applies, the relief is withdrawn by the making of an assessment to income tax under this section.
2
Expressions which are used—
a
in any of sections 75 to 78, and
b
in Part 2 of CAA 2001,
have the same meaning in those sections as in that Part.
Ss. 75-79 applied (21.7.2009) by Finance Act 2009 (c. 10), Sch. 6 para. 1(11)(c)
Ss. 75-79 applied (10.6.2021) by Finance Act 2021 (c. 26), Sch. 2 para. 3(1)(d)