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Paragraph 50 Calculation of weekly income of employed earners: persons who are not pensioners

England, Wales and Scotland

(1)

For the purposes of paragraphs 47 (average weekly earnings of employed earners), 49 (average weekly income other than earnings) and 59 (calculation of average weekly income from tax credits), where the period in respect of which a payment is made—

(a)

does not exceed a week, the weekly amount is to be the amount of that payment;

(b)

exceeds a week, the weekly amount is to be determined—

(i)

in a case where that period is a month, by multiplying the amount of the payment by 12 and dividing the product by 52;

(ii)

in any other case, by dividing the amount of the payment by the number equal to the number of days in the period to which it relates and multiplying the product by 7.

(2)

For the purposes of paragraph 48 (average weekly earnings of self-employed earners) the weekly amount of earnings of an applicant is to be determined by dividing his earnings over the assessment period by the number equal to the number of days in that period and multiplying the product by 7.

Notes on Schedule

Commencement

I1

Sch. in force at 18.12.2012, see reg. 1(1)