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Legislation
Income Tax (Trading and Other Income) Act 2005

Crossheading Relief if relevant property income does not exceed property allowance

  • Section 783BE Full relief: introduction
  • Section 783BF Full relief: property profits
  1. Relief if relevant property income does not exceed property allowance
  2. Full relief: introduction

Section 783BE | Full relief: introduction

From legislation.gov.uk

An individual qualifies for full relief for a tax year if—

(a)the individual has relevant property income for the tax year,

(b)the relevant property income does not exceed the individual's property allowance for the tax year, and

(c)no election by the individual under section 783BJ has effect for the tax year (election for full relief not to be given).

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