Section 105– “Adjusted chargeable amount”
60.Subsection (1) determines the tax chargeable for a chargeable period in which relief has been claimed for part of the period; the dwelling has ceased to be chargeable in the period; or there has been a change in the annual chargeable amount following a valuation date. It sets out that the adjusted chargeable amount of tax for a chargeable period is the total of the “daily amounts” for that period for all days on which the tax is chargeable in respect of the single dwelling interest.
61.Subsection (2) provides that the daily amount for any day when the single-dwelling interest is within the charge (an “included day”) is the annual chargeable amount (determined using the taxable value of the single-dwelling interest applying on the day), divided by the number of days in the chargeable period.
