BIM80755 - Post-cessation receipts: expenses: relief available under ICTA88/S109A: limits of relief

Qualifying expenditure within ICTA88/S109A can be relieved sideways against income and gains only in the year in which it first qualifies. No relief is available for payments which have been relieved under any other income tax provisions, for example if a provision was made in taxing the former trade or if a deduction was made under Section 105 in taxing post-cessation receipts.