103.—(1) The amount to be deducted in respect of income tax under regulation 102(1)(a) in respect of the period determined under regulation 102(2) is to be calculated as if—
(a)the chargeable income is the only income chargeable to tax;
(b)the personal allowance applicable to the person receiving assistance under the self-employment route by virtue of sections 35 and 45 to 55 of the Income Tax Act 2007 is allowable against that income; and
(c)the rate at which the chargeable income less the personal allowance is assessable to income tax is F1... the basic rate of tax.
(2) For the purpose of paragraph (1), the [F2basic rate] of tax to be applied and the amount of the personal allowance deductible is, where the period determined under regulation 102(2) is less than a year, to be calculated on a pro rata basis.
(3) In this regulation, “chargeable income” means the monies in the special account at the end of the last day upon which assistance was received under the self-employment route.
Textual Amendments
F1Words in reg. 103(1)(c) omitted (27.10.2008) by virtue of The Employment and Support Allowance (Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/413), regs. 1(1), 3(12)(a)
F2Words in reg. 103(2) substituted (27.10.2008) by The Employment and Support Allowance (Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/413), regs. 1(1), 3(12)(b)
Commencement Information