BIM80760 - Post-cessation receipts: expenses: relief available under ICTA88/S109A: relief against CG

A person may claim, in the notice by which a claim is made for relief under Section 109A, that to the extent relief cannot be set against income any excess may be set off against CG of the year. See CG15802, CG15804, CG21060 and CG21061 for guidance on the relief of post- cessation expenses against CGT. Expenditure which has been relieved against CG cannot be relieved under Section 105 (1) as a post-cessation expense against post-cessation receipts.