Net Adjusted Income (for the purposes of Child Benefit) and room rental income

Hello, According to the help I can see when filling in my tax return: "All income from property, including any foreign property, up to £1,000, is exempt from tax and does not need to be reported on a tax return, unless the income is from a connected party." Could you please clarify whether this means it should or should not be included in a calculation of net adjusted income when declaring such income for the purposes of potential child benefit repayment? Thank you

Hi sw2048,
If your property income is more than £1000, you can choose to calculate your profits on the usual basis which is your gross income less expenses, or
you can elect to deduct the £1000 property allowance from your gross property income.
If you do choose this option, you cannot deduct any expenses.
You can get more information on our website on Trade and Property Income Allowance:
Tax-free allowances on property and trading income
You would use the net income for your adjusted net income. 
Thank you.