[127A No relief for tax-generated losses attributable to annual investment allowance]
Income Tax Act 2007 (2007 c 3) | Legislation

[Restrictions on relief]

[127A  No relief for tax-generated losses attributable to annual investment allowance]

[(1)     This section applies if—

(a)     in a tax year a person makes a loss in a UK property business or overseas property business (whether carried on alone or in partnership),

(b)     the loss has a capital allowances connection (see section 123(2)), and

(c)

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