Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Taxes Consolidation Act 1997 section 409D
Restriction of reliefs where individual is not actively participating in certain trades
Section 409D restricts the use of tax reliefs by passive investors in certain specified trades, ring-fencing any losses or capital allowances to income from those trades only.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.