F1PART 6AIncome charged under this Act: trading and property allowances
CHAPTER 2Property allowance
Exclusions from relief
783BOExclusion from relief: payments by firm
No relief under this Chapter is given to an individual for a tax year if—
(a)
the individual has relevant property income for the tax year, and
(b)
the income includes a payment made by, or on behalf of, a firm at a time when the individual is—
(i)
a partner in the firm, or
(ii)
connected with a partner in the firm.