# The Council Tax Benefit Regulations 2006, Regulation 37: Calculation of capital in the United Kingdom


Capital which a claimant possesses in the United Kingdom shall be calculated at its current market or surrender value less—
(a) where there would be expenses attributable to the sale, 10 per cent; and
(b) the amount of any encumbrance secured on it.

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Source: https://www.legislation.gov.uk/uksi/2006/215/regulation/37 (the official version)
Page: https://openlegislation.uk/council-tax-benefit-regulations-2006/regulation-37
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.