Introduction Overview Chapter 5: Assets etc Section 544: Meaning of “property profits” and “property financing costs”
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.