COM50132 - Claims / reliefs: loss and non-trading deficits carry-back: legislation: trade loss carry-back, leap year
The table below gives a brief explanation of what the legislation relevant to this subject contains.
Section |
Explanation |
87A(6) TMA 1970 |
Rules for determining the amount of late payment interest payable when a trade loss is carried back to an AP not falling wholly within the previous 12 months. |
826(7A) ICTA 1988 |
Rules for determining the amount of repayment interest allowable when a trade loss is carried back to an AP not falling wholly within the previous 12 months. |