½Û×ÓÊÓƵ

Note that tax credits cease on 5 April 2025. New claims for tax credits are no longer possible and no more payments will be made after 5 April 2025. Any existing claimants will be migrated to the universal credit system. See Division E2.1. Because of the nature and administration of universal credit, detailed consideration is beyond the scope of the current work. However, a brief outline of Universal Credit is given at E2.102.

The calculation of income of a claimant (or, in the case of a joint claim, the aggregate income of the claimants) for a tax year for the purposes of TCA 2002, Pt 1 (ss 1–48) is set out in SI 2002/2006 and is summarised below. For the HMRC guidance, see TCTM04001. Most definitions are based broadly on the income tax rules, but there are some important differences. HMRC guidance can be found at TCTM04000 and Working Sheet TC825. There are several 'general disregards' in calculating income, see E2.235.

Note that new claims for tax credits are not possible and the