{
  "url": "https://openlegislation.uk/income-tax-act-2007/section-84",
  "json_url": "https://openlegislation.uk/income-tax-act-2007/section-84.json",
  "legislation": "ukpga/2007/3",
  "legislation_title": "Income Tax Act 2007",
  "legislation_url": "https://openlegislation.uk/income-tax-act-2007",
  "path": "section/84",
  "kind": "section",
  "number": "84",
  "heading": "How relief works",
  "text": "This section explains how the deductions are to be made. The amount of the unrelieved loss to be deducted at any step is limited in accordance with section 25(4) and (5).\nStep 1\nDeduct the unrelieved loss from the profits of the trade of the next tax year.\nStep 2\nDeduct from the profits of the trade of the following tax year the amount of the unrelieved loss not previously deducted.\nStep 3\nContinue to apply Step 2 in relation to the profits of the trade of subsequent tax years until all the unrelieved loss is deducted.",
  "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/84",
    "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."
}