PIM4454 | Property allowance: contents: exclusions from relief: partnerships

No relief is due to an individual if the individual has relevant property income for the tax year and the income includes a payment made by, or on behalf of, a firm when the individual is a partner in the firm, or connected with a partner in the firm.

For more information regarding the existence of a partnership see the partnership manual at page PM133000.

For the purposes of this exclusion a person is connected to another person if they are that person’s:

• spouse or civil partner

• brother or sister

• ancestors

• lineal descendants

• spouse’s or civil partner’s brother or sister

• spouse’s or civil partner’s ancestors

• spouse’s or civil partner’s lineal descendants

These are the most common examples, but a full list can be found in the legislation at ITA07/S993.