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 412C
Claims for additional relief: carry-forward relief
Section 412C allows a lender who has an irrecoverable peer-to-peer loan loss that cannot be fully relieved in the current tax year to carry forward the unrelieved amount and set it against peer-to-peer loan interest received in the next four tax years.
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.