REIT is recorded in 17/TR3 and the 20% tax credit in 19/TR3. Can Trading Allowance be claimed against REIT income? SA150 Notes page TRG8 just says 'certain miscellaneous income'. If it can be claimed, can the tax credit still be claimed? For example REIT income of £500 with £100 tax credit, claim trading allowance of £500 reducing the income to £nil but still claim the £100 tax credit.