Commentary

B5.635 Qualifying carers—overview

Business tax
Business tax | Commentary

B5.635 Qualifying carers—overview

Business tax | Commentary

Qualifying carers

B5.635 Qualifying carers—overview

FA 20031 introduced legislation to exempt receipts from foster caring if they are below a specified limit. Where the limit is exceeded, the carer has the option to be taxed on the excess of receipts over the specified limit. The legislation was rewritten in ITTOIA 20052. F(No 3)A 20103 replaced foster-care relief with qualifying care relief, which provides relief for individuals who, either alone or in partnership, provide foster care and/or shared lives care. The detailed rules are described in Division E1.7.

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