Part 7Income charged under this Act: rent-a-room and F1qualifying care relief
Chapter 2F2qualifying care relief
Pt. 7 Ch. 2 heading substituted (16.12.2010) (with effect in accordance with Sch. 1 para. 36 of the amending Act) by Finance (No. 3) Act 2010 (c. 33), Sch. 1 para. 29 (with Sch. 1 para. 37)
Alternative calculation of profits if amount exceeds limit
819Adjustment of assessment
1
This section applies if—
a
an individual does not make an election under section 818 for a tax year on or before the date for making the election, and
b
an adjustment is made after that date to the profits from the individual's provision of F3qualifying care on which the individual is liable to tax for the tax year.
2
The individual may make an election under this section to apply the alternative method of calculating profits given in sections 816 and 817 for the tax year.
3
The election—
a
must specify that tax year, and
b
has effect for that tax year (unless withdrawn by notice given by the individual).
4
An election or notice of withdrawal under this section must be made or given to the Inland Revenue on or before—
a
the first anniversary of the normal self-assessment filing date for the tax year in which the adjustment is made, or
b
such later date as the Inland Revenue may, in a particular case, allow.
Words in Pt. 7 heading substituted (16.12.2010) (with effect in accordance with Sch. 1 para. 36 of the amending Act) by Finance (No. 3) Act 2010 (c. 33), Sch. 1 para. 34 (with Sch. 1 para. 37)