Commentary on Sections Part 7: Income charged under this Act: rent-a-room and foster-care relief Overview Section 795: Alternative calculation of profits: introduction
2965.This section introduces the sections that provide for the second form of the relief – the alternative method of calculating profits. It is based on paragraph 11 of Schedule 10 to F(No 2)A 1992.
2966.Paragraphs (a) to (c) state the three conditions that must be met. See Change 130 in Annex 1.