The Tax Credits (Definition and Calculation of Income) Regulations 2002

[^key-babc7955bd822a478d6e71c8d81f414f]: Reg. 19 Table 6 Items 25-33 inserted (6.4.2020) by The Tax Credits, Child Benefit, Guardian’s Allowance and Childcare Payments (Miscellaneous Amendments) Regulations 2020 (S.I. 2020/297), regs. 1, 3(2)(b)(ii)

[^key-bb1e45c9b10192bb1a677a26f4db2267]: Word in reg. 19 Table 7 substituted (6.4.2004) by The Tax Credits (Miscellaneous Amendments) Regulations 2004 (S.I. 2004/762), regs. 1(1), 16(3)(a)

[^key-bbe54fa43b50fb87de1c5c08206d7252]: Reg. 14(1A)(1B) inserted (6.4.2018) by The Tax Credits and Childcare (Miscellaneous Amendments) Regulations 2018 (S.I. 2018/365), regs. 1, 2(5)(b)

[^key-bc03570ef2ce47eca1b2d47f62adf1df]: Words in reg. 19 Table 6 Item 37 omitted (14.1.2021) by virtue of The Tax Credits, Childcare Payments and Childcare (Extended Entitlement) (Coronavirus and Miscellaneous Amendments) Regulations 2020 (S.I. 2020/1515), regs. 1(2), 3(3)(a)(i)

[^key-bdefd65f917e617538c5f61ef12714da]: Reg. 14(2)(a)(i)-(viii) omitted (6.4.2006) by virtue of The Tax Credits (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/766), regs. 1, 17(2)

[^key-be9cd37932c5a2bb53a579ee500cc6b4]: Words in reg. 4 Table 1 Item 10 substituted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 6(4)(i)

[^key-befedea9859c4e2534f2868eb8ac60e9]: Words in reg. 4(1)(g) substituted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 6(2)(g)

[^key-bfd2b056ed9a703a64d24186db7dd54a]: Words in reg. 2(2) omitted (5.12.2005) by virtue of The Civil Partnership Act 2004 (Tax Credits, etc.) (Consequential Amendments) Order 2005 (S.I. 2005/2919), arts. 1, 3(2)(b)

[^key-c041404b0ebe76d5a1776bbfd4ff380d]: Words in reg. 19 Table 6 Item 14 omitted (1.4.2014) by virtue of The Social Care (Self-directed Support) (Scotland) Act 2013 (Consequential Modifications and Savings) Order 2014 (S.I. 2014/513), art. 1(2), Sch. para. 8(a) (with art. 3)

[^key-c092fff14197780a072d77cd9ad02185]: Word in reg. 3(4)(a) omitted (26.11.2003) by virtue of The Tax Credits (Miscellaneous Amendments No.2) Regulations 2003 (S.I. 2003/2815), regs. 1, 4(3)(a)

[^key-c0c3cf979d0255f67ae64d6543dc021a]: Reg. 10(2) modified (E.W.S.) (29.4.2013) by The Universal Credit (Transitional Provisions) Regulations 2013 (S.I. 2013/386), regs. 1(2), 17, Sch. para. 24(c)

[^key-c1517d57cadbed71a03d9ba82770fe97]: Words in reg. 19 Table 6 Item 3(a) inserted (6.4.2004) by The Tax Credits (Miscellaneous Amendments) Regulations 2004 (S.I. 2004/762), regs. 1(1), 16(2)(a)(i)

[^key-c18c76b6cac1c418cc3fb721229d194b]: Words in reg. 4 Table 1 Item 11 substituted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 6(4)(j)

[^key-c3307b6396e6461849d01a44e872eae5]: Words in reg. 4(4) Table 1 Item 16 inserted (1.9.2008) by The Tax Credits (Miscellaneous Amendments) (No. 2) Regulations 2008 (S.I. 2008/2169), regs. 1, 4(a)(i)

[^key-c4a0647cce31f3cd7150ec7d6297f1c3]: Words in reg. 5 Table 2 Item 1 substituted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 7(4)(b)

[^key-c5f070cd0b46ae3f173773440b88a838]: Reg. 7 Table 3 Item 3 substituted (coming into force in accordance with art. 1-3 of the amending S.I.) by The Pensions Act 2014 (Consequential, Supplementary and Incidental Amendments) Order 2017 (S.I. 2017/422), arts. 1(2), 22

[^key-c62be15f1cb29310116915e5e86686dc]: Words in reg. 2(2) omitted (6.4.2006) by virtue of The Taxation of Pension Schemes (Consequential Amendments) Order 2006 (S.I. 2006/745), arts. 1, 26(2)(a)(ii)

[^key-c740eb8c3f5e2d64158d4ef57372d22e]: Reg. 14(2)(a)(xi) omitted (16.5.2007) by virtue of The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2007 (S.I. 2007/1305), regs. 1, 8(2)(a)

[^key-c83db78e8088c2eafc8158e1b5c673f1]: Words in reg. 10(2)(d) substituted (6.4.2006) by The Tax Credits (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/766), regs. 1, 14(3)(b)

[^key-c8727766c9149b61038ae007a0642aac]: Reg. 11(3) added (26.11.2003) by The Tax Credits (Miscellaneous Amendments No.2) Regulations 2003 (S.I. 2003/2815), regs. 1, 9(3)

[^key-c88275df93be93e62cf6857d93aa5a0b]: Reg. 4 Table 1 Item 3A inserted (6.4.2007) by The Tax Credits (Miscellaneous Amendments) Regulations 2007 (S.I. 2007/824), regs. 1, 10(3)(a)

[^key-cb166e9db0dd8856c3d6b0226aaabf7f]: Reg. 5(1)(i) omitted (6.4.2006) by virtue of The Taxation of Pension Schemes (Consequential Amendments) Order 2006 (S.I. 2006/745), arts. 1, 26(4)(b)

[^key-cce7f5cf3fb0c61920d7fae936a67d20]: Words in reg. 6 inserted (15.3.2023) by The Tax Credits and Child Benefit (Miscellaneous Amendments) Regulations 2023 (S.I. 2023/179), regs. 1, 2(2)

[^key-ccf5e3de33af4449b618ccac7a6c8e7f]: Reg. 19 Table 8 Item 3(b) and preceding word added (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 11(3)(a)(ii)

[^key-cd284d101feab015b91afc8661282a92]: Words in reg. 12(4) substituted (6.4.2006) by The Tax Credits (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/766), regs. 1, 16(5)

[^key-cdaacfdebef8fa45d08141ec82174f6a]: Words in reg. 4(1)(e) substituted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 6(2)(e)(ii)

[^key-cdde8bab453f65733aafc279c117d0da]: Words in reg. 5 Table 2 Item 2 substituted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 7(4)(c)

[^key-cf60a5f1e249625de216a921a26baab0]: Word in reg. 2(1) omitted (6.4.2004) by virtue of The Tax Credits (Miscellaneous Amendments) Regulations 2004 (S.I. 2004/762), regs. 1(1), 13(a)

[^key-d0296bf93d91d0324c9ee28ddb8b2415]: Reg. 7(1)(b) omitted (6.4.2003) by virtue of The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 8(2)

[^key-d0f7806a260e26188a10f09c5f4b2baa]: Words in reg. 19 Table 8 Item 3 inserted (1.4.2015) by The Care Act 2014 (Consequential Amendments) (Secondary Legislation) Order 2015 (S.I. 2015/643), art. 1(2), Sch. para. 20 (with art. 4)

[^key-d162b7fb36b5f5c4cde2bd172c105b25]: Words in reg. 11(1) substituted (6.4.2006) by The Tax Credits (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/766), regs. 1, 15(2)(b)

[^key-d45aba938ba6d7f51650a85b07cd631d]: Words in reg. 4(4) Table 1 Item 22 inserted (28.11.2014) by The Child Benefit (General) and Tax Credits (Miscellaneous Amendments) Regulations 2014 (S.I. 2014/2924), regs. 1, 5

[^key-d4aa398f51ad3c49eb1127ccd15309ed]: Words in reg. 12(3)(c)(iii) substituted (6.4.2006) by The Tax Credits (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/766), regs. 1, 16(4)(b)(i)

[^key-d5408e7effdd2d170cadb380235b74bc]: Words in reg. 16(3)(c) inserted (coming into force in accordance with art. 1(2)(b) of the amending S.I.) by The Pensions Act 2014 (Consequential, Supplementary and Incidental Amendments) Order 2015 (S.I. 2015/1985), arts. 1(2)(b), 25(b)

[^key-d57f9f8392c6f1bc1ef97c469275ce34]: Reg. 10 Table 4 Item 12 inserted (26.11.2003) by The Tax Credits (Miscellaneous Amendments No.2) Regulations 2003 (S.I. 2003/2815), regs. 1, 8(2)

[^key-d58eb87bc67158edbf4c4c989212768c]: Words in reg. 5 Table 2 Item 4 substituted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 7(4)(e)(ii)

[^key-d6886cead71b689cdfa07f7aa1df781f]: Words in reg. 4(4) Table 1 Item 16 inserted (21.11.2009) by The Tax Credits (Miscellaneous Amendments) (No. 2) Regulations 2009 (S.I. 2009/2887), regs. 1(a), 6(b)

[^key-d71531054afda2cb53fdc4b139698f7a]: Words in reg. 4 Table 1 Item 5 substituted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 6(4)(d)

[^key-d7e61fe853b021207c3096f4b95955ca]: Reg. 5 Table 2 Items 10, 11 added (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 7(4)(g)

[^key-d88acbbc65bf9b8f9a62e763dc0cdbbe]: Words in reg. 10(2)(e) substituted (6.4.2006) by The Tax Credits (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/766), regs. 1, 14(3)(c)

[^key-d8b3ed62c03bc3618651e35aafc92a72]: Words in reg. 19 Table 8 Items 3, 4 substituted (6.4.2006) by The Tax Credits (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/766), regs. 1, 19(3)(b)

[^key-d8c69863706b1c376a12ab7945b2fdc1]: Reg. 6 substituted (25.9.2020) by The Tax Credits (Coronavirus, Miscellaneous Amendments) (No. 2) Regulations 2020 (S.I. 2020/941), regs. 1, 2(2)

[^key-d91627896f838780a529616497e38eb4]: Words in reg. 2 inserted (5.12.2005) by The Civil Partnership Act 2004 (Tax Credits, etc.) (Consequential Amendments) Order 2005 (S.I. 2005/2919), arts. 1, 3(2)(a)

[^key-d942348a12e9c19bd34733b7065fe779]: Words in reg. 19 Table 8 Items 3, 4 substituted (6.4.2006) by The Tax Credits (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/766), regs. 1, 19(3)(a)(ii)

[^key-da542a6d9032da48376d961c52446adf]: Words in reg. 2(2) omitted (31.12.2010) by virtue of The Tax Credits (Miscellaneous Amendments) (No. 3) Regulations 2010 (S.I. 2010/2914), regs. 1(2), 3

[^key-daff2f0727c51f74a5174d9edf37c87b]: Reg. 5(1)(k) substituted (6.4.2006) by The Taxation of Pension Schemes (Consequential Amendments) Order 2006 (S.I. 2006/745), arts. 1, 26(4)(c)

[^key-dc4bd61922903c6c27e63b45da19c776]: Reg. 5(1)(d)(e) substituted (6.4.2006) by The Taxation of Pension Schemes (Consequential Amendments) Order 2006 (S.I. 2006/745), arts. 1, 26(4)(a)

[^key-dc72295727db6906e243bf467a1040d1]: Words in reg. 7 Table 3 Item 21A omitted (5.4.2015) by virtue of The Shared Parental Leave and Statutory Shared Parental Pay (Consequential Amendments to Subordinate Legislation) Order 2014 (S.I. 2014/3255), arts. 1(3), 12(3)(a)(ii) (with art. 35(1))

[^key-dc752c27b383cfa323a6d345d360dc0b]: Reg. 4(1)(f) substituted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 6(2)(f)

[^key-dcf988706ce412d2b4e84677b54bf588]: Reg. 19 Table Item 36 omitted (25.9.2020) by virtue of The Tax Credits (Coronavirus, Miscellaneous Amendments) (No. 2) Regulations 2020 (S.I. 2020/941), regs. 1, 2(3)(a)

[^key-dd73a0bc0c17973bc8987f4ad186ab58]: Words in reg. 3(3)(b) substituted (6.4.2006) by The Tax Credits (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/766), regs. 1, 8(3)

[^key-de0870729d6571f24a1b4faea1c2b76e]: Reg. 19 Table 6 Item 14 substituted (26.11.2003) by The Tax Credits (Miscellaneous Amendments No.2) Regulations 2003 (S.I. 2003/2815), regs. 1, 11(4)

[^key-e1f00b5d0e822cef882b1e6279860358]: Words in reg. 2(4)(a) inserted (5.12.2005) by The Civil Partnership Act 2004 (Tax Credits, etc.) (Consequential Amendments) Order 2005 (S.I. 2005/2919), arts. 1, 3(2)(c)

[^key-e2abcde16f6369d7c9f05e9659bbfcb2]: Reg. 10 Table 4 Items 10, 11, 12 renumbered as reg. 10 Table 4 Items 9, 10, 11 (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 9

[^key-e3d6efb55ad36dc287d72fc2e9242954]: Reg. 5(1)(g) omitted (6.4.2006) by virtue of The Taxation of Pension Schemes (Consequential Amendments) Order 2006 (S.I. 2006/745), arts. 1, 26(4)(b)

[^key-e3f79ac5f4d9909a0889bfac6625ba4b]: Words in reg. 5(2) substituted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 7(3)

[^key-e4537e8be0a7a5969a9e87de3abd9fcb]: Reg. 7 Table 3 Item 21B inserted (31.12.2014) by The Shared Parental Leave and Statutory Shared Parental Pay (Consequential Amendments to Subordinate Legislation) Order 2014 (S.I. 2014/3255), arts. 1(2), 12(3)(b)

[^key-e46a73acd391f26223a3a03e31002ef9]: Words in reg. 3(4)(a) omitted (6.4.2014) by virtue of The Tax Credits (Miscellaneous Amendments) Regulations 2014 (S.I. 2014/658), regs. 1, 4(2)(a)

[^key-e4f20fd385f46dad6c5fc62ad6391186]: Words in reg. 3(7)(a) inserted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 5(7)(b)

[^key-e5bcf46f33a9aa805298cd4c7d74ceb9]: Words in reg. 3(7)(b) inserted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 5(7)(c)

[^key-e64e08415e580ae5c672160d16e0aa09]: Reg. 3(6A) modified (E.W.S.) (29.4.2013) by The Universal Credit (Transitional Provisions) Regulations 2013 (S.I. 2013/386), regs. 1(2), 17, Sch. para. 17(b)

[^key-e6b54fec2f4dc3f049eb155010912f67]: Reg. 10(1) modified (E.W.S.) (29.4.2013) by The Universal Credit (Transitional Provisions) Regulations 2013 (S.I. 2013/386), regs. 1(2), 17, Sch. para. 24(a)(b)

[^key-e8223fc16c3f3a6920857e4ee5eb6782]: Words in reg. 19 Table 7 Item 2 added (6.4.2004) by The Tax Credits (Miscellaneous Amendments) Regulations 2004 (S.I. 2004/762), regs. 1(1), 16(3)(b)

[^key-e82af261c862001f30fee9c57e786442]: Words in reg. 19 Table 6 Item 14 inserted (1.4.2014) by The Social Care (Self-directed Support) (Scotland) Act 2013 (Consequential Modifications and Savings) Order 2014 (S.I. 2014/513), art. 1(2), Sch. para. 8(b) (with art. 3)

[^key-e83a13bdecb8edd9b2797e815824c15f]: Words in reg. 8(a) substituted (6.4.2012) by The Tax Credits (Miscellaneous Amendments) Regulations 2012 (S.I. 2012/848), regs. 1(2), 3(3)(a)

[^key-ea3f0dca2e9ae47d0d70aa6350cabdf7]: Words in reg. 10 Table 4 Item 8 substituted (6.4.2006) by The Tax Credits (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/766), regs. 1, 14(4)(d)(iii)

[^key-ecc4688de8a95b340de7c3a6ae55403f]: Words in reg. 10 Table 4 Item 7 substituted (6.4.2007) by The Tax Credits (Miscellaneous Amendments) Regulations 2007 (S.I. 2007/824), regs. 1, 12(3)

[^key-ecfe47da298465d4ae2c5fea14da3bef]: Reg. 10 Table 4 Item 14 omitted (6.4.2018) by virtue of The Tax Credits and Childcare (Miscellaneous Amendments) Regulations 2018 (S.I. 2018/365), regs. 1, 2(4)(a)

[^key-ed2ac78fe93c49808a3a36608443fcee]: Words in reg. 2(2) inserted (6.4.2011) by The Tax Credits (Miscellaneous Amendments) Regulations 2011 (S.I. 2011/721), regs. 1, 2(2)

[^key-ed350918c5c9e487317aa14b33b1c2d8]: Reg. 4 Table 1 Item 3B inserted (1.4.2008) by The Tax Credits (Miscellaneous Amendments) Regulations 2008 (S.I. 2008/604), regs. 1(a), 2(2)

[^key-ed87eddd96d80984b78a014cdc12f1db]: Word in reg. 8(b) substituted (6.4.2012) by The Tax Credits (Miscellaneous Amendments) Regulations 2012 (S.I. 2012/848), regs. 1(2), 3(3)(b)

[^key-eee7907b6d33c2717c97b189da800536]: Words in reg. 4(1)(d) inserted (with effect in accordance with reg. 1(2) of the amending S.I.) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2017 (S.I. 2017/396), regs. 1(1), 3(a)(ii)

[^key-efef0466b82f12a5d6f0680a1ce3fb4b]: Reg. 13 modified (E.W.S.) (29.4.2013) by The Universal Credit (Transitional Provisions) Regulations 2013 (S.I. 2013/386), regs. 1(2), 17, Sch. para. 27

[^key-f2661d8ad154fdb114bc754ed335acab]: Reg. 4(4) Table 1 Item 3C inserted (6.4.2012) by The Tax Credits (Miscellaneous Amendments) Regulations 2012 (S.I. 2012/848), regs. 1(2), 3(1)

[^key-f3454bd24a2be90fb0b87fbecdd35d98]: Reg. 5 Table 2 Item 7 omitted (31.12.2010) by virtue of The Tax Credits (Miscellaneous Amendments) (No. 3) Regulations 2010 (S.I. 2010/2914), regs. 1(2), 4(b)

[^key-f3fdad09f59ffe97ad756c3f6cf7ce52]: Words in reg. 3(4) inserted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 5(3)(a)

[^key-f44610f383f5bca8f5462f7514491eb6]: Words in reg. 4 Table 1 Item 1 substituted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 6(4)(b)

[^key-f50831b4f5bb94435e7769f2ddc561e8]: Words in reg. 11(3) substituted (6.4.2006) by The Tax Credits (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/766), regs. 1, 15(4)

[^key-f64ced04d43a2c55fca405cd53524300]: Words in reg. 2(2) substituted (6.4.2006) by The Tax Credits (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/766), regs. 1, 7(1)(b)

[^key-f6be108f11fec5b4107706ac3044e2f7]: Words in reg. 4 Table 1 Item 14 substituted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 6(4)(n)

[^key-f6f3c5c88f3b81f49d33577273aba062]: Word in reg. 4(4) Table 1 Item 16 omitted (21.11.2009) by virtue of The Tax Credits (Miscellaneous Amendments) (No. 2) Regulations 2009 (S.I. 2009/2887), regs. 1(a), 6(a)

[^key-f71cda967793e66b8a0d23549d266b76]: Reg. 7 Table 3 Item 26 added (E.W.S.) (27.10.2008) by The Employment and Support Allowance (Consequential Provisions) (No. 3) Regulations 2008 (S.I. 2008/1879), regs. 1(1), 21(2)(b)(ii)

[^key-f7ea6e5293dd3d42b0f366d62243fe45]: Word in reg. 7(1)(c) omitted (15.3.2023) by virtue of The Tax Credits and Child Benefit (Miscellaneous Amendments) Regulations 2023 (S.I. 2023/179), regs. 1, 2(3)(b)

[^key-fa34f37b233f7fea673fd0d38e54df27]: Reg. 3(5)(a) substituted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 5(4)(a)

[^key-faa9e916298c513d929fac563f93aa50]: Words in reg. 2(2) omitted (6.4.2006) by virtue of The Tax Credits (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/766), regs. 1, 7(1)(d)

[^key-fbb51384d86b8610abb477fcbaa65235]: Word in reg. 19 Table 6 Item 3 omitted (21.11.2009) by virtue of The Tax Credits (Miscellaneous Amendments) (No. 2) Regulations 2009 (S.I. 2009/2887), regs. 1(a), 7(2)(a)

[^key-fbcbc8ed7e87d13f9f92f52767928363]: Words in reg. 3(5)(b) omitted (6.4.2014) by virtue of The Tax Credits (Miscellaneous Amendments) Regulations 2014 (S.I. 2014/658), regs. 1, 4(4)

[^key-fd903c49e574505df57fe3ded5276997]: Words in reg. 2(2) inserted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 4(a)

[^key-fff3411a9bc94ab2b6ac4fd26b7ad75e]: Words in reg. 4 Table 1 Item 12 substituted (6.4.2003) by The Tax Credits (Definition and Calculation of Income) (Amendment) Regulations 2003 (S.I. 2003/732), regs. 1, 6(4)(l)

[^M_F_0ae82a10-c20d-4557-b2dd-a81b09d1e50a]: Word in reg. 12(3)(c)(iii) omitted (6.4.2006) by virtue of The Tax Credits (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/766), regs. 1, 16(4)(b)(i)

[^M_F_0e1214f0-702b-44fb-ea2e-617544a71c53]: Word in reg. 8(c) added (6.4.2006) by The Tax Credits (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/766), regs. 1, 12(4)

[^M_F_5aa764a2-9b84-42be-e65d-c3bd30a29492]: Word in reg. 8(b) omitted (6.4.2006) by virtue of The Tax Credits (Miscellaneous Amendments) Regulations 2006 (S.I. 2006/766), regs. 1, 12(3)

[^M_F_a64498e4-215e-4673-d73c-25bea7231636]: Details of this scheme have been published on www.homesforukraine.campaign.gov.uk. Paper copies of all relevant documentation relating to the scheme are available for inspection at: Her Majesty’s Revenue and Customs at 14 Westfield Avenue, Stratford, London E20 1HZ.

[^M_F_f8f74963-0217-4575-e23a-1e7322973319]: Reg. 8 substituted (26.11.2003) by The Tax Credits (Miscellaneous Amendments No.2) Regulations 2003 (S.I. 2003/2815), regs. 1, 7

[^key-063c54e03923baea0daba4bfcd5a94fb]: Words in reg. 10(2) Table 4 inserted (27.10.2023) by The Child Benefit and Tax Credits (Miscellaneous Amendments) Regulations 2023 (S.I. 2023/1139), regs. 1, 3(2)(a)

[^key-02f55343cba5aad1053dbcdcdce5a857]: Words in reg. 10(2) Table 4 substituted (27.10.2023) by The Child Benefit and Tax Credits (Miscellaneous Amendments) Regulations 2023 (S.I. 2023/1139), regs. 1, 3(2)(b)

[^key-647a0f6dcfc1c9407762d1d4ea510cb6]: Words in reg. 19(10) Table 6 inserted (27.10.2023) by The Child Benefit and Tax Credits (Miscellaneous Amendments) Regulations 2023 (S.I. 2023/1139), regs. 1, 3(3)

[^key-fd375879a7229547a45bf657f2fd68f0]: Words in reg. 19 Table 8 substituted (6.11.2023) by The Health and Care Act 2022 (Further Consequential Amendments) (No. 2) Regulations 2023 (S.I. 2023/1071), regs. 1(1), 6(2)

[^key-c95c21295daf977c8b91157e674b6697]: Reg. 19 Table 6 items 45-47 Table 6 items 45-47 inserted (13.3.2024) by The Tax Credits (Miscellaneous Amendments) Regulations 2024 (S.I. 2024/176), regs. 1, 3(2)(b)(ii)

[^key-b9fa04be7413ad19c88117a493a19531]: Words in reg. 19 Table 6 item 22 omitted (13.3.2024) by virtue of The Tax Credits (Miscellaneous Amendments) Regulations 2024 (S.I. 2024/176), regs. 1, 3(2)(b)(i)

[^key-cd6c5b867a26f2158cd54f115e40c28b]: Word in reg. 19(2) omitted (13.3.2024) by virtue of The Tax Credits (Miscellaneous Amendments) Regulations 2024 (S.I. 2024/176), regs. 1, 3(2)(a)(i)

[^key-c8b7b664029bb85bec5d16c4aa18d9d0]: Words in reg. 19(2) substituted (13.3.2024) by The Tax Credits (Miscellaneous Amendments) Regulations 2024 (S.I. 2024/176), regs. 1, 3(2)(a)(ii)

[^key-5a756d24c31d35001e3307e36fb8b4ee]: Words in reg. 5(1)(o) substituted (with effect in accordance with reg. 1(3) of the amending S.I.) by The Pensions (Abolition of Lifetime Allowance Charge etc) Regulations 2024 (S.I. 2024/356), reg. 5(2)(a)

[^key-8ddfcf565b46e42a1a97c5c73d57e69f]: Words in reg. 5(2) Table 2 substituted (with effect in accordance with reg. 1(3) of the amending S.I.) by The Pensions (Abolition of Lifetime Allowance Charge etc) Regulations 2024 (S.I. 2024/356), reg. 5(2)(b)

Trading Income: in-year finalisation

6A

This regulation applies where—

• (a) an award of universal credit is made to a person who was previously entitled to a tax credit;

• (b) the award of that tax credit has terminated;

• (c) the date on which the award terminated falls in the tax year to which that award relates (“the relevant tax year”); and

• (d) the claimant carried on a trade, vocation or profession during the part tax year.

6B

• (1) Where regulation 6A applies, a claimant’s trading income for the purposes of the first paragraph in Step 4 in regulation 3(1) is the claimant’s actual or estimated taxable profits attributable to the part tax year (“the relevant trading income”).

• (2) The relevant trading income is to be calculated by reference to the basis period ending during the relevant tax year.

• (3) The basis period is to be determined by reference to the rules in Chapter 15 of Part 2 of ITTOIA.

• (4) The relevant trading income is calculated by—

• (a) taking the figure for the actual or estimated taxable income earned in the basis period;

• (b) dividing that figure by the number of days in the basis period to give the daily figure; and

• (c) multiplying the daily figure by the number of days in the part tax year on which the trade, profession or vocation was carried on.