Regulation 29 Calculation of average weekly income from tax creditsI1

Northern Ireland

(1)

This regulation applies where a claimant receives a tax credit.

(2)

Where this regulation applies, the period over which a tax credit is to be taken into account shall be the period set out in paragraph (3).

(3)

Where the instalment in respect of which payment of a tax credit is made is—

(a)

a daily instalment, the period is one day, being the day in respect of which the instalment is paid;

(b)

a weekly instalment, the period is 7 days, ending on the day on which the instalment is due to be paid;

(c)

a 2 weekly instalment, the period is 14 days, commencing 6 days before the day on which the instalment is due to be paid;

(d)

a 4 weekly instalment, the period is 28 days, ending on the day on which the instalment is due to be paid.

(4)

For the purposes of this regulation “tax credit” means child tax credit or working tax credit.

Annotations

C1: Pt. VI applied (with modifications) (1.4.2007) by The Rate Relief (General) Regulations (Northern Ireland) 2007 (S.R. 2007/204), regs. 1(1), 19(1)