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TCTM04613 | Saving Gateway Account

From HM Revenue & Customs · Tax Credits Technical Manual

The Tax Credits (Definition and Calculation of Income) Regulations, Regulation 10, (2) Table 4, item 14

When calculating investment income, disregard the following:

  • The whole amount of any income arising from or payment made in respect of a Saving Gateway account.

Saving Gateway account has the meaning given by section 1 of the Saving Gateway Accounts Act 2009.

Note: The Saving Gateway Accounts Act 2009 (Commencement No. 2) Order 2010 which was to come into effect on 1st July 2010, was revoked by the Saving Gateway Accounts Act 2009 (Revocation of Commencement) Order 2010, on 22nd June 2010. This means that no saving Gateway accounts were made available.