75 Trade leasing allowances given to individuals
Income Tax Act 2007 (2007 c 3) | Legislation

Restrictions on sideways relief for certain capital allowances

75  Trade leasing allowances given to individuals

(1)     Sideways relief is not available to an individual for so much of a loss as derives from a trade leasing allowance unless the individual meets the time commitment test.

(2)     A trade leasing allowance is an allowance made under Part 2 of CAA

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