# Income Tax (Trading and Other Income) Act 2005, Section 783BL: Exclusion from relief: tax reduction under section 274A


No relief under this Chapter is given to an individual for a tax year if, in calculating the individual's liability to income tax for the tax year, a tax reduction under section 274A (property business: relief for non-deductible costs of a dwelling-related loan) is applied at Step 6 of the calculation in section 23 of ITA 2007.

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