Paragraph 31 Modifications to the Tax Credits (Income Thresholds and Determination of Rates) Regulations 2002
In regulation 7(3)f1—
(a)
in Step 1, in the definition of “MR”, after “maximum rate” insert “(determined in the manner prescribed at the date on which the award of the tax credit terminated)”;
(b)
in Step 3—
(i)
in the definition of “I”, before “tax year” insert “part”;
(ii)
in the definition of “N1”, before “tax year” insert “part”.
Annotations
Footnotes
- f1
-
Reg 7(3) was amended by S.I. 2008/796, 2011/1035 and 2012/849.