# Finance Act 1996, Paragraph 40


In section 253 of the Taxation of Chargeable Gains Act 1992 (relief for loans to traders) after subsection (4) there shall be inserted—
“(4A) A claim under subsection (4) above shall be made—
(a) for the purposes of capital gains tax, on or before the fifth anniversary of the 31st January next following the year of assessment in which the payment was made;
(b) for the purposes of corporation tax, within 6 years after the end of the accounting period in which the payment was made.”

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Source: https://www.legislation.gov.uk/ukpga/1996/8/schedule/21/paragraph/40 (the official version)
Page: https://openlegislation.uk/finance-act-1996/schedule-21/paragraph-40
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.