TCTM04605 - Further disregards in the calculation of investment income: Payments made to prisoners of war of the Japanese

The Tax Credits (Definition and Calculation of Income) Regulations 2002, Reg. 10(2), Table 4, Item 5.

When calculating investment income, disregard the following:

• Any interest on a payment of £10,000 made by the Secretary of State to a person who was a prisoner of war of the Japanese during the Second World War, or to their spouse if the payment is held in a distinct account and no payment apart from the interest has been added to it.