Commentary

B6.604 The full relief

Business tax
Business tax | Commentary

B6.604 The full relief

Business tax | Commentary

B6.604 The full relief

Where an individual qualifies for rent-a-room relief in a particular year of assessment and the total rent-a-room amount does not exceed his individual's limit (see B6.603) then, provided he has not made any election to disapply this treatment, the full relief for the tax year applies1 as follows.

If the individual's rent-a-room income for the tax year would otherwise be taken into account as profits from a trade, the profits or losses of the trade for the tax year are treated as nil2. If receipts of a single trade include both rent-a-room and non rent-a-room income then

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