Alternative calculation of profits if amount exceeds limit

Generally

Income chargeable

Property income

Trading income

Calculation of profits

Elections

Alternative method of calculating profits

Not to apply full relief

Time limit on adjustment of assessment

Exclusive receipts condition

Full relief

Generally

Income chargeable

Property income

Trading income

Generally

Individual's limit

Letting, meaning

Property income

Property losses

Qualifying individual

Relevant allowance, meaning

Relevant balancing charge

Rent-a-room receipts, meaning

Residence, meaning

Taxable income, meaning

Total rent-a-room amount, meaning

Trading income