# Income Tax (Trading and Other Income) Act 2005, Section 783AH: Partial relief: alternative calculation of profits: introduction


An individual qualifies for partial relief for a tax year if—
(a) the individual has relevant income for the tax year,
(b) the relevant income exceeds the individual's trading allowance for the tax year, and
(c) an election by the individual under section 783AM has effect for the tax year (election for partial relief).

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Source: https://www.legislation.gov.uk/ukpga/2005/5/section/783AH (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-783AH
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.