{
  "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-783BI",
  "json_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-783BI.json",
  "legislation": "ukpga/2005/5",
  "legislation_title": "Income Tax (Trading and Other Income) Act 2005",
  "legislation_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005",
  "path": "section/783BI",
  "kind": "section",
  "number": "783BI",
  "heading": "Deductible amount: splitting of property allowance",
  "text": "(1) This section applies where the individual's relevant property income for the tax year consists of the relievable receipts of two relevant property businesses.\n(2) The references in section 783BH to the deductible amount are to amounts which, in total, equal the individual's property allowance for the tax year.\n(3) The question of how to allocate the individual's property allowance for the tax year for the purposes of subsection (2) is to be decided by the individual, subject to subsection (4).\n(4) The deductible amount in respect of a relevant property business must not be such as to result in a loss of the business.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "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"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/5/section/783BI",
    "retrieved_at": "2026-10-29T09:16:32.370392+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}