Relief if amount does not exceed limitU.K.
812Full foster-care relief: introductionU.K.
Sections 813 and 814 (which give the full form of foster-care relief) apply if—
(a)an individual qualifies for foster-care relief for a tax year,
(b)the individual's total foster-care receipts for the tax year do not exceed the individual's limit for the tax year, and
(c)sections 822 and 823 do not apply (accounting date for trade not 5th April).
813Full foster-care relief: trading incomeU.K.
(1)This section applies if the individual's foster-care receipts for the tax year would otherwise be brought into account in calculating the profits of a trade.
(2)The profits or losses of the trade for the tax year are treated as nil.
814Full foster-care relief: income chargeable under Chapter 8 of Part 5U.K.
(1)This section applies if the individual's foster-care receipts for the tax year would otherwise be chargeable to income tax under Chapter 8 of Part 5 (income not otherwise charged).
(2)For each arrangement from which those receipts arise, the amount of—
(a)those receipts arising in the tax year from the arrangement, less
(b)any expenses associated with them,
is treated as nil.