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Property Income

Aaiza7y ago
Rent a Room Relief In example 4 wouldn't it be beneficial if Barbara elect for ordinary calculation instead of alternative calculation. As in ordinary calculation property income is higher (6600) than alternative calculation (1200).
TTTax Tutor7y ago#1
Not sure what you are saying here - the ordinary calculation gives an assessment of 6,600 whereas the rent a room relief calculation gives an assessment of 300! Clearly paying tax on only 300 is much better than paying tax on 6,600
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