Income Tax (Trading and Other Income) Act 2005 (c. 5)

Part 7 Income charged under this Act: rent-a-room and foster-care relief

Chapter 1 Rent-a-room relief

Basic definitions

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.