817Alternative calculation of profits: income chargeable under Chapter 8 of Part 5
This section has no associated Explanatory Notes
(1)This section applies if the individual has foster-care receipts for the tax year which are chargeable to income tax under Chapter 8 of Part 5 (income not otherwise charged).
(2)The amount charged for the tax year arising from all the arrangements from which the receipts are derived is—
(a)the individual’s total foster-care receipts for the tax year, less
(b)the individual’s limit for the year.