# Income Tax Act 2007, Section 681AE: Deduction from earnings not to exceed commercial rent


(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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Source: https://www.legislation.gov.uk/ukpga/2007/3/section/681AE (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-681AE
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.