PART 2Universal credit
CHAPTER 1Entitlement and awards
Awards
Calculation of awardsI1I2I3I4I513
1
The amount of an award of universal credit is to be the balance of—
a
the maximum amount (see paragraph (2)), less
b
the amounts to be deducted (see paragraph (3)).
2
The maximum amount is the total of—
a
any amount included under Article 14 (standard allowance),
b
any amount included under Article 15 (responsibility for children and young persons),
c
any amount included under Article 16 (housing costs), and
d
any amount included under Article 17 (other particular needs or circumstances).
3
The amounts to be deducted are—
a
an amount in respect of earned income calculated in the prescribed manner (which may include multiplying some or all earned income by a prescribed percentage), and
b
an amount in respect of unearned income calculated in the prescribed manner (which may include multiplying some or all unearned income by a prescribed percentage).
4
In paragraph (3)(a) and (b) the references to income are—
a
in the case of a single claimant, to income of the claimant, and
b
in the case of joint claimants, to combined income of the claimants.