{
  "url": "https://openlegislation.uk/capital-allowances-act-2001/section-461",
  "json_url": "https://openlegislation.uk/capital-allowances-act-2001/section-461.json",
  "legislation": "ukpga/2001/2",
  "legislation_title": "Capital Allowances Act 2001",
  "legislation_url": "https://openlegislation.uk/capital-allowances-act-2001",
  "path": "section/461",
  "kind": "section",
  "number": "461",
  "heading": "Unrelieved qualifying expenditure",
  "text": "(1) A person has unrelieved qualifying expenditure to carry forward from a chargeable period if for that period AQE exceeds TDV.\n(2) The amount of the unrelieved qualifying expenditure is—\n(a) the excess less the writing-down allowance made for the period, or\n(b) if no writing-down allowance is claimed for the period, the excess.\n(3) No amount may be carried forward as unrelieved qualifying expenditure from the final chargeable period.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2001/2/section/461",
    "retrieved_at": "2026-10-29T09:20:17.739129+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}