TCTM07040 - Calculation of awards: Step 3 - Determining whether income needs to be taken into account and applying income tapers
Contents
The Tax Credit (Income Thresholds and Determination of Rates) Regulations 2002, Reg 7 and 8
| TCTM07041 | Determining whether income adjustments are due |
| TCTM07042 | Income periods |
| TCTM07043 | Income thresholds and taper rates |
| TCTM07044 | Income is equal to or less than income threshold |
| TCTM07045 | Income is greater than income threshold |
| TCTM07046 | Comparing the taper amount to the entitlement amount |
| TCTM07047 | Tapering the next entitlement |
| TCTM07048 | Calculating the daily rate |
