The Tax Credits (Definition and Calculation of Income) Regulations 2002
PART 1 General Provisions
1 Citation, commencement and effect
2 Interpretation
PART 2 Income for the purposes of tax credits
CHAPTER 1General
3Calculation of income of claimant
CHAPTER 2Employment Income
4Employment income
CHAPTER 3Pension Income
5Pension Income
CHAPTER 4Trading Income
6Trading income
6ATrading Income: in-year finalisation
6B(1) Where regulation 6A applies, a claimant’s trading income for...
CHAPTER 5Social Security Income
7Social security income
CHAPTER 6 Student Income
8Student Income
9 Payments of income in connection with students to be disregarded for the purposes of regulation 3
CHAPTER 7 Investment Income
10Investment income
CHAPTER 8 Property income
11 Property income
CHAPTER 9 Foreign income
12(1) In these Regulations “foreign income” means income arising, in...
CHAPTER 10 Notional Income
13 Introduction
14 Claimants treated for any purpose as having income by virtue of the Income Tax Acts
15 Claimants depriving themselves of income in order to secure entitlement
16 Claimants to whom income becomes available upon the making of a claim
17 Claimants providing services to other persons for less than full earnings
CHAPTER 11 Miscellaneous income
18 Miscellaneous income
PART 3Sums disregarded in the calculation of income
19General disregards in the calculation of income

2002 No. 2006

TAX CREDITS

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

Made

Coming into force in accordance with regulation 1

M1 Whereas a draft of this instrument, which contains the first regulations made under section 7(8) and (9) of the Tax Credits Act 2002, has been laid before, and approved by resolution of, each House of Parliament:

Now, therefore, the Treasury, in exercise of the powers conferred upon them by sections 7(8) and (9), 65(1), (7) and (9) and 67 of the Tax Credits Act 2002M2, hereby make the following Regulations:C2C1C3

Annotations:
Modifications etc. (not altering text)
C1

Regulations applied (with modifications) (13.10.2014) by S.I. 2014/1230 reg. 12A(2) Sch. paras. 12-23 (as inserted by The Universal Credit (Transitional Provisions) (Amendment) Regulations 2014 (S.I. 2014/1626), regs. 1(2), 4(1))

C3

Regulations applied with modification(s) (coming into force in accordance with reg.1 of the amending Rule) by The Universal Credit (Transitional Provisions) Regulations (Northern Ireland) 2016 (S.R. 2016/226), Sch. paras. 11-23

Marginal Citations
M2

Section 67 is cited because of the meaning ascribed to “prescribed”.