TCTM07040 - Calculation of entitlement: step 3 - determining whether income needs to be taken into account and applying income tapers (Reg 7 & 8): contents

The Tax Credit (Income Thresholds and Determination of Rates) Regulations 2002, Reg 7 and 8

1. TCTM07041

   Determining whether income adjustments are due
2. TCTM07042

   Income periods
3. TCTM07043

   Income thresholds and taper rates
4. TCTM07044

   Income is equal to or less than income threshold
5. TCTM07045

   Income is greater than income threshold
6. TCTM07046

   Comparing the taper amount to the entitlement amount
7. TCTM07047

   Tapering the next entitlement
8. TCTM07048

   Calculating the daily rate