Part 10 Assured tenancy allowances
Chapter 6 Balancing adjustments
Calculation of balancing adjustments
518 Overall limit on balancing charge
1
The amount of a balancing charge made on a person in respect of any qualifying expenditure attributable to a dwelling-house must not exceed the total amount of the relevant allowances made to that person.
2
“The relevant allowances” has the meaning given by section 517(8).