F1PART 6AIncome charged under this Act: trading and property allowances
CHAPTER 1Trading allowance
Basic definitions
783AB“Miscellaneous income”
(1)
For the purposes of this Chapter, an individual's “miscellaneous income” for a tax year is all the income arising to the individual in the tax year which would be chargeable to income tax under Chapter 8 of Part 5 (income not otherwise charged) for the tax year.
(2)
But if—
(a)
the individual qualifies for rent-a-room relief for the tax year, and
(b)
the individual has rent-a-room receipts for the tax year which would, apart from Chapter 1 of Part 7, be chargeable to income tax under Chapter 8 of Part 5,
the rent-a-room receipts are not miscellaneous income.
(3)
The reference in subsection (1) to the amount which would be chargeable to income tax under Chapter 8 of Part 5 is to the amount which would be so chargeable—
(a)
apart from this Chapter, and
(b)
if no deduction were made for expenses or any other matter.