There are five cases in which the property allowance under Part 6A, Ch. 2 is not given:

tax reduction under ITTOIA 2005, s. 274A;

expenses deducted against rent-a-room receipts;

payments by employer;

payments by firm;

payments by close company.

Tax reduction under ITTOIA 2005, s. 274A

No relief 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 s. 274A (property business: relief for non-deductible costs of a dwelling-related loan) is applied at Step 6 of the calculation in ITA 2007, s. 23.

(ITTOIA 2005, s. 783BL)

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