Part 7Income charged under this Act: rent-a-room and qualifying care relief
Chapter 2qualifying care relief
Alternative calculation of profits if amount exceeds limit
816Alternative calculation of profits: trading income
(1)
This section applies if the individual's F1qualifying 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 F2qualifying care receipts for the tax year, less
(b)
the individual's limit for the tax year.