F1PART 6AIncome charged under this Act: trading and property allowances

CHAPTER 2Property allowance

Exclusions from relief

783BLExclusion from relief: tax reduction under section 274A

No relief under this Chapter is given to an individual for a tax year if, in calculating the individual's liability to income tax for the tax year, a tax reduction under section 274A (property business: relief for non-deductible costs of a dwelling-related loan) is applied at Step 6 of the calculation in section 23 of ITA 2007.