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Division 1.4.2.1 Regular inter-household cash transfers received (HY080G)F1

United Kingdom Repealed

Original text. Later amendments are not shown.

Regular inter-household cash transfers received refer to regular payments received, even if only once a year, which are available to finance (regular) consumption expenditure.

The term encompasses:

  • compulsory alimony and child support,

  • voluntary alimony and child support received on a regular basis,

  • regular cash support from persons other than household members,

  • regular cash support from households in other countries.

It does not include:

  • Free or subsidised housing provided by another household (which is included under the concept of Imputed rent),

  • Inheritances and other capital transfers, i.e. transfers received from other households which the household does not consider as being wholly available for consumption within the income reference period,

  • Gifts and other large, one-off and unexpected cash flows, such as lump sums to buy a car, a house, or the like, or to be saved for long-term consumption (more than one year ahead),

  • Alimonies or support paid by government (central or local) if, for some reason, the spouse does not pay alimony/child support. The amount paid by the government should be recorded in the family allowances (variable HY050).

Annotations

Textual amendments

F1

Regulation revoked (15.12.2021) by The UK Statistics (Amendment etc.) (EU Exit) Regulations 2021 (S.I. 2021/1300), reg. 1, Sch. 1 para. 123