Section 785 Person who qualifies for relief
(1)
An individual qualifies for rent-a-room relief for a tax year if the individual—
(a)
has rent-a-room receipts for the tax year (see section 786), and
(b)
does not derive any taxable income other than rent-a-room receipts from a relevant trade, letting or agreement.
(2)
“Taxable income” means receipts or other income in respect of which the individual is liable to income tax for the tax year.
(3)
A relevant trade, letting or agreement is one from which the individual derives rent-a-room receipts for the tax year.
Notes on Part 7
Textual amendments
- F1
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)