Income Tax (Trading and Other Income) Act 2005 section 65

Restrictions on section 61 expenses: lease of part of premises

Section 65 deals with how the tenant's expense deduction rules are adjusted when a sublease is granted over only part of the premises held under the original taxed lease, rather than the whole.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.