# The National Assistance (Assessment of Resources) Regulations 1992, Regulation 11: Calculation of net profit of self-employed earners


(1) For the purposes of regulation 12, the earnings of a resident derived from employment as a self-employed earner to be taken into account shall, subject to paragraph (3), be his net profit from that employment.
(2) For the purposes of paragraph (1), a resident’s net profit shall be calculated by taking into account his gross earnings from his employment as a self-employed earner less any relevant outgoings, liabilities or expenses.
(3) There shall be disregarded from the calculation of a resident’s net profit any sum, where applicable, specified in Schedule 2.

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Source: https://www.legislation.gov.uk/uksi/1992/2977/regulation/11 (the official version)
Page: https://openlegislation.uk/national-assistance-assessment-of-resources-regulations-1992/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.