OpenLegislation

Income Income

England, Wales and Scotland

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

  1. 42Calculation of grant income
  2. 43Calculation of covenant income where a contribution is assessed
  3. 44Covenant income where no grant income or no contribution is assessed
  4. 45Relationship with amounts to be disregarded under Schedule 4
  5. 46Other amounts to be disregarded
  6. 47Treatment of student loans
  7. 48Disregard of contribution
  8. 49Income treated as capital
  9. 50Disregard of changes occurring during summer vacation