Overview Section 564K: Diminishing shared ownership arrangements
770.This section explains the meaning of “alternative finance return” in relation to the diminishing shared ownership arrangements set out in section 564D. It is based on section 47A(5) of FA 2005. The corresponding rule for corporation tax is section 512 of CTA 2009.
771.The phrase “costs and expenses” in section 47A(5) of FA 2005 has been reduced to “expenses” in subsection (3) as the additional words appear to be unnecessary.