PART 6A

Income charged under this Act: trading and property allowances
CHAPTER 2

Property allowance

Basic definitions

The individual's “relevant property income”
783BC
For the purposes of this Chapter, an individual's “relevant property income” for a tax year is the relievable receipts for the tax year of the individual's relevant property businesses for the tax year.
Pt. 6A inserted (16.11.2017) (with effect in accordance with Sch. 3 para. 13 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 3 para. 1