TCTM04720 | Income: other payments: payments in connection with the very severely disabled - Creutzfeldt-Jacob disease and haemophilia - Trust income disregards

The Tax Credits (Definition and Calculation of Income) Regulations 2002, Reg. 10(2), Table 5.

This describes the income to be disregarded and the period of the disregard.

A. A trust payment made to:

• a diagnosed person

• the diagnosed person’s partner; or

• the person who was his partner at the date of his death

• the period beginning on the date which the trust payment is made and ending with the death of the person whom the payment is made

B. A trust payment made to a parent of a deceased diagnosed person, or person acting in the place of a parent.

• the period beginning on the date on which the trust payment is made and ending 2 years after that date.

C. The amount of any payment out of the estate of a person to whom a trust payment has been made, which is made to the person who was the diagnosed person’s partner at the date of his death.

• the period beginning on the date on which the payment is made and ending on the date on which that person dies.

D. The amount of any payment out of the estate of a person to whom a trust payment was made, which is made to a parent of a deceased diagnosed person, or a person acting in the place of his parent.

• the period beginning on the date on which the payment is made and ending 2 years after that date.

The amounts disregarded under c. and d. above, shall not exceed the total amount of any trust payments made to the person to whom the trust payment had been made.