Loan relationship and derivative debits and credits are excluded from the computation of profits for a property business by section 211 CTA 2009. This prohibition is partly set aside in computing the profits of the property rental business (section 599(3) CTA 2010).

This set-aside allows the following credits and debits to be taken into account in arriving at the profits of the property rental business:

those arising from a loan relationship if and in so far as it relates to property rental business

those arising from a hedging derivative contract if and in so far as it relates to property rental business, and

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