66 Restriction on relief unless trade is commercial
Income Tax Act 2007 (2007 c 3) | Legislation

Restriction on relief for uncommercial trades

66  Restriction on relief unless trade is commercial

(1)     Trade loss relief against general income for a loss made in a trade in a tax year is not available unless the trade is commercial.

(2)     The trade is commercial if it is carried on throughout . . . the

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