Skip to content
Solved
SearchBrowse
Sign in

Contents

Legislation
Income Tax (Trading and Other Income) Act 2005

Crossheading Introduction

  • Section 784 Overview of Chapter 1
  • Section 785 Person who qualifies for relief
  1. Introduction
  2. Overview of Chapter 1

Section 784 | Overview of Chapter 1

From legislation.gov.uk

(1)This Chapter provides relief on income from the use of furnished accommodation in an individual's only or main residence.The relief is referred to in this Chapter as “rent-a-room relief”.

(2)The form of relief depends on whether the individual's total rent-a-room amount exceeds the individual's limit (see sections 788 to 790).

(3)If it does not, the income is not charged to income tax unless the individual elects otherwise (see sections 791 to 794).

(4)If it does, the individual may elect for alternative methods of calculating the income (see sections 795 to 798).

PreviousNext
PrivacyTerms