Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Income Tax Act 2007 section 103C
Limit on reliefs in any tax year not to exceed cap for tax year
Section 103C imposes an annual cap of £25,000 on the total sideways relief and capital gains relief that a non-active or limited partner can claim for trade losses made through their partnership activities.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.