{
  "url": "https://openlegislation.uk/council-tax-reduction-schemes-prescribed-requirements-england-regulations-2012/schedule-1/paragraph-37",
  "json_url": "https://openlegislation.uk/council-tax-reduction-schemes-prescribed-requirements-england-regulations-2012/schedule-1/paragraph-37.json",
  "legislation": "uksi/2012/2885",
  "legislation_title": "The Council Tax Reduction Schemes (Prescribed Requirements) (England) Regulations 2012",
  "legislation_url": "https://openlegislation.uk/council-tax-reduction-schemes-prescribed-requirements-england-regulations-2012",
  "path": "schedule/1/paragraph/37",
  "kind": "paragraph",
  "number": "37",
  "heading": "Calculation of tariff income from capital",
  "text": "The capital of an applicant, calculated in accordance with this Part, is to be treated as if it were a weekly income of—\n(a) £1 for each £500 in excess of £10,000 but not exceeding £16,000; and\n(b) £1 for any excess which is not a complete £500.",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 1 para. 37 in force at 27.11.2012, see reg. 1(1)"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "See chapters 1 and 3 of this Part and the capital to be disregarded in accordance with Schedule 6."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Income from capital is taken into account in calculating income: see paragraph 16(1)(i)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2012/2885/schedule/1/paragraph/37",
    "retrieved_at": "2026-10-29T01:13:07.880127+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}