I see from numerous landlords forums that there is a strong belief that the BBLS can be used even where the applicant's income is predominantly from rentals. Furthermore there is an opinion circulating that "trading" (as tax practioners would define it) is not relevant, as the BBLS is a simply a government backed banking arrangement that has nothing to do with tax. It appears to me that many landlords are jumping on the bandwagon and are submitting their claims, some already boasting that they have received the money. I am also mindful of my landlord clients asking me why I told them that they are ineligble for the scheme if indeed they are eligible after all.
Despite umpteen google searches I have found practically no commentary on this confusion, so perhaps it's only in my head? Can anyone offer a conclusive verdict or point to an explicit government statement on the matter?