The decision maker should treat any refund of income tax charged
under Schedule D or E as capital. Schedules D and E cover tax on
1)
) profits of a business
2) interest on capital or an annuity
3) an employed earner's earnings (PAYE).
Example
An applicant's partner's take-home pay of £104 includes a PAYE tax refund of £21. The Applicant is treated as having earnings in that week of £83 and capital of £21.
