Overview Section 564F: Profit share agency arrangements
762.This section deals with an arrangement where the investor appoints an agent to whom a sum of money is given to be invested at a specified return. It is based on section 49A(1) of FA 2005. The corresponding rule for corporation tax is section 506 of CTA 2009.
763.Any additional sum above the specified return is retained by the agent as an incentive fee.