CTA10/S458

A company can claim relief under Section 458 when:

the whole or part of a loan or advance is repaid, or

on or after 6 April 1999 it releases or writes off the whole or part of a loan.

The company must claim within four years from the end of the financial year in which the loan was repaid, released or written-off (six years for claims made before 1 April 2010).

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