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Legislation
Income Tax Act 2007

Crossheading Certain deductions from earnings: restriction and carrying forward of relief

  • Section 681AE Deduction from earnings not to exceed commercial rent
  • Section 681AF Carrying forward parts of payments
  • Section 681AG Aggregation and apportionment of payments
  • Section 681AH Payments made for later periods
  1. Certain deductions from earnings: restriction and carrying forward of relief
  2. Deduction from earnings not to exceed commercial rent

Section 681AE | Deduction from earnings not to exceed commercial rent

From legislation.gov.uk

(1)Subsection (3) applies to the calculation of the relevant deduction from earnings allowed for the non-excluded element of the payment within section 681AA(2) or 681AB(2).

(2)For the purposes of this section the non-excluded element of a payment is the element of the payment not excluded under section 681AI (service charges etc).

(3)The deduction must not exceed the commercial rent for the period for which the payment is made (see section 681AJ or 681AK).

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