# Income Tax (Trading and Other Income) Act 2005, Section 788: Meaning of “total rent-a-room amount”


(1) For the purposes of this Chapter an individual's “total rent-a-room amount” for a tax year is the total of—
(a) the individual's rent-a-room receipts for the tax year, and
(b) any relevant balancing charges for the tax year (see section 802).
(2) In calculating the total rent-a-room amount, no deduction is allowed for expenses or any other matter.

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Source: https://www.legislation.gov.uk/ukpga/2005/5/section/788 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-788
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.