1711.This section defines “property profits” and “property financing costs” for the purposes of section 543. It is based on sections 115(2) and (4), 120(1) and 134(1) of, and paragraphs 3 and 14 of Schedule 17 to, FA 2006.
1712.Subsections (1) and (3) define “property profits” and “property financing costs” respectively for the purposes of section 543.
Introduction Overview Chapter 5: Assets etc Section 544: Meaning of “property profits” and “property financing costs”