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HMRC internal manual

Business Income Manual

From
HM Revenue & Customs
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Post-cessation receipts and expenses: carry forward of unrelieved post-cessation expenses

Carrying forward to set against post-cessation receipts is the last possible mechanism of relief for post-cessation expenses

As discussed in BIM90090, once all other methods of relief have been applied the only way of setting off any remaining post-cessation expenses is to carry them forward to set against post-cessation receipts of the same trade.