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TCTM04801 | Notional Income: Introduction

From HM Revenue & Customs · Tax Credits Technical Manual

The Tax Credits (Definition and Calculation of Income) Regulations 2002, Reg. 13

In certain circumstances, claimants may be treated as having income they may not possess.

Examples

  • Claimants deliberately getting rid of income in order to claim or increase their tax credits

  • Claimants failing to apply for income to which they are entitled

  • Claimants providing a service for low rates of payment