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 405
Carry back and forward of relief for interest on loans within section 403
Section 405 allows relief for interest on loans taken out to pay inheritance tax to be carried back to earlier tax years, or forward to later tax years, where the taxpayer's income in the year of payment is insufficient to absorb the relief.
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.