TCTM07000 - Calculation of entitlement: contents

The Tax Credits (Income Thresholds and Determination of Rates) Regulation 2002

1. TCTM07001

   Introduction to award calculations
2. TCTM07010

   Overview of steps in an award calculation
3. TCTM07020

   Step 1 - establishing the award period and the relevant period
4. TCTM07030

   Step 2 - calculating the maximum tax credit entitlement for each relevant period
5. TCTM07040

   Step 3 - determining whether income needs to be taken into account and applying income tapers (Reg 7 & 8): contents
6. TCTM07050

   Step 4 - Summary for the total Tax Credit due for each entitlement period
7. TCTM07060

   Definitions - Entitlement, Element, Award period, Relevant period
8. TCTM07070

   Tax Credit income thresholds
9. TCTM07APPX1

   The rates and how to use them
10. TCTM07APPX2

    A worked example