{
  "url": "https://openlegislation.uk/income-tax-act-2007/section-124",
  "json_url": "https://openlegislation.uk/income-tax-act-2007/section-124.json",
  "legislation": "ukpga/2007/3",
  "legislation_title": "Income Tax Act 2007",
  "legislation_url": "https://openlegislation.uk/income-tax-act-2007",
  "path": "section/124",
  "kind": "section",
  "number": "124",
  "heading": "Supplementary",
  "text": "(1) A claim for property loss relief against general income must be made on or before the first anniversary of the normal self-assessment filing date for the tax year specified in the claim.\n(2) If a loss has previously been carried forward under section 118, the claim must be accompanied by the amendments of any return made under—\n(a) section 8 of TMA 1970, or\n(b) section 8A of TMA 1970,\nthat are necessary to give effect to section 118(5) (reducing the amount of the loss carried forward (if necessary, to nil)).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2007/3/section/124",
    "retrieved_at": "2026-10-29T09:13:03.599581+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."
}