How do I claim s253?

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Rachel
Rachel Registered Posts: 348 Dedicated contributor 🦉
Hello

I am going round in circles.

I have a client who closed their Ltd company, client lent company money and I have read that I need to claim under s253 but I can not find anywhere how to do it.

Is it on Self assessment, do I have to write letter or is there a form.

Any help greatly appreciated

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  • reader
    reader Registered Posts: 1,037 Beyond epic contributor 🧙‍♂️
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    Rachel wrote: »
    Hello

    I am going round in circles.

    I have a client who closed their Ltd company, client lent company money and I have read that I need to claim under s253 but I can not find anywhere how to do it.

    Is it on Self assessment, do I have to write letter or is there a form.

    Any help greatly appreciated

    What tax act does s.253 belong to?

    I would have thought that declaring it on the white space of the tax return would be sufficient.
  • Rachel
    Rachel Registered Posts: 348 Dedicated contributor 🦉
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    Act TCGA s253.

    Thank you I will make the claim there. Probably also follow it with a letter.
  • reader
    reader Registered Posts: 1,037 Beyond epic contributor 🧙‍♂️
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    Rachel wrote: »
    also follow it with a letter.

    Probably a good idea; won't hurt.
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