CA88000 - Assured Tenancy Allowances: How allowances and charges are made

CAA01/S529

If the person entitled to an allowance or liable to a charge is carrying on a Schedule A business treat allowances as expenses and charges as receipts of the business.

If the person is not carrying on a Schedule A business assume that one is being carried on. Treat allowances as expenses and charges as receipts of that assumed business.