Decision Makers Guide - DMG45003

Notional capital: actual and notional

Where applicants are treated as having notional capital and they also have actual capital
1) the total of the two amounts is the applicant's capital resources
2) the decision maker should apply the rules for the treatment of capital to the total in 1.
3) if the total capital is over

  • £3000, but under £8,000 (WFTC) or £16,000 (DPTC) the decision maker should calculate tariff income (DMG 41012 et seq)
  • £8,000 (WFTC) or £16,000 (DPTC), the decision maker should refuse tax credits.


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