SCHEDULES

SCHEDULE 36 U.K. Foster carers

Part 2 U.K. The exemption and the alternative methods of calculation

Alternative calculation of profits where amount is above the limit U.K.

11 U.K. The alternative method of calculating profits given in paragraphs 12 and 13 applies to an individual for a year of assessment for which—

(a) the individual qualifies for relief under this Schedule,

(b) his total foster care receipts exceed his limit,

(c) paragraph 15 (cases where accounting date for trade, profession or vocation is other than 5th April) does not apply, and

(d) an election by him under paragraph 14 has effect.