CTA10/S269ZB(3), S269ZC(2), S269ZD(3)

The restriction on relief for carried-forward losses at CTA10/PART7ZA applies to a number of different carried-forward losses, listed at CTA10/S269ZB(3), S269ZC(2) and S269ZD(3). In this guidance, these are referred to as restricted losses or restricted carried-forward losses.

Broadly, the restricted losses comprise:

Carried-forward trading losses,

Carried-forward non-trading loan relationship deficits (NTLRDs),

Carried-forward UK property business losses,

Carried-forward management expenses.

Carried-forward non-trading losses on intangible fixed assets (NTLIFAs), and

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