- Last Updated: 28 October 2019
If a UK resident individual or company makes a loan to another taxpayer and it becomes irrecoverable, capital loss relief may be claimed under s253 TCGA 1992 (relief for loans to traders).
If a UK resident individual or company makes a loan to another taxpayer and it becomes irrecoverable, capital loss relief may be claimed under s253 TCGA 1992 (relief for loans to traders).