Regulation 13 Amendments of the Tax Credits (Definition and Calculation of Income) Regulations 2002

Regulation 12 (foreign income) is amended as follows.

In paragraph (3) after sub-paragraph (a) insert—

“(aa)

any monies paid by a bank or building society which are exempted from income tax under section 756A of ITTOIA (interest on certain deposits of victims of National-Socialist persecution).”.