# The Education (Student Support) (Wales) Regulations 2018, Paragraph 14: Calculation of residual income of persons other than eligible student


P's residual income is calculated as follows—
P's taxable income for the applicable financial year.
Plus
Income payable to P under a pension arrangements order during the applicable financial year, net of income tax.
Minus
The aggregate of the deductions set out in paragraph 15 (unless already deducted for the purposes of determining P's taxable income).

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Source: https://www.legislation.gov.uk/wsi/2018/191/schedule/3/paragraph/14 (the official version)
Page: https://openlegislation.uk/education-student-support-wales-regulations-2018/schedule-3/paragraph-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.