# Income Tax (Trading and Other Income) Act 2005, Section 822: Full relief

Extent: E+W+S+N.I.

(1) This section applies if the individual's total qualifying care receipts for the period of account do not exceed the individual's relevant limit for the period.
(2) The profits or losses of the trade for the tax year are treated as nil.

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Source: https://www.legislation.gov.uk/ukpga/2005/5/section/822 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-822
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.