# Income Tax Act 2007, Section 130: Treating loss in employment or office as CGT loss


A person who cannot deduct all of a loss in an employment or office under a claim for employment loss relief against general income may be able to treat the unused part as an allowable loss for capital gains tax purposes: see sections 261B and 261C of TCGA 1992.

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Source: https://www.legislation.gov.uk/ukpga/2007/3/section/130 (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-130
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.