3349.Each of these paragraphs reflects the clarification that losses used as capital losses are treated in the same way as if they had reduced non-trade income. See Change 13 in Annex 1 and the commentary on section 103 of this Act.
Overview Reliefs for limited partners not to exceed contribution to the firmReliefs for members of LLPs not to exceed contribution to the LLPMembers of LLPs: carry-forward of lossesReliefs for non-active partners not to exceed contribution to the firmNon-active partners: carry-forward of losses