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 72
Relief for individuals for losses in first 4 years of trade
Section 72 provides a special form of loss relief for individuals who make losses in the early years of a new trade, profession or vocation, allowing those losses to be carried back against income of earlier 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.