Part 7Income charged under this Act: rent-a-room and F1qualifying care relief
Annotations:
Amendments (Textual)
Chapter 1Rent-a-room relief
Basic definitions
788Meaning of “total rent-a-room amount”
1
For the purposes of this Chapter an individual's “total rent-a-room amount” for a tax year is the total of—
a
the individual's rent-a-room receipts for the tax year, and
b
any relevant balancing charges for the tax year (see section 802).
2
In calculating the total rent-a-room amount, no deduction is allowed for expenses or any other matter.
Words in Pt. 7 heading substituted (16.12.2010) (with effect in accordance with Sch. 1 para. 36 of the amending Act) by Finance (No. 3) Act 2010 (c. 33), Sch. 1 para. 34 (with Sch. 1 para. 37)