F1PART 6AIncome charged under this Act: trading and property allowances
Annotations:
Amendments (Textual)
CHAPTER 2Property allowance
Elections
783BKElection for partial relief
1
An individual may elect for partial relief to be given for a tax year if the individual's relevant property income for the tax year exceeds the individual's property allowance for the tax year (see section 783BH).
2
An election must be made on or before the first anniversary of the normal self-assessment filing date for the tax year for which the election is made.
Pt. 6A inserted (16.11.2017) (with effect in accordance with Sch. 3 para. 13 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 3 para. 1