Part 7Income charged under this Act: rent-a-room and foster-care relief
Chapter 2Foster-care relief
Alternative calculation of profits if amount exceeds limit
816Alternative calculation of profits: trading income
1
This section applies if the individual's foster-care receipts for the tax year are the receipts of a trade.
2
The profits of the trade for the tax year are—
a
the individual's total foster-care receipts for the tax year, less
b
the individual's limit for the tax year.