PART 2 U.K. Income for the purposes of tax credits

CHAPTER 4 U.K. Trading Income

[F1 Trading Income: in-year finalisation U.K.

6A.   This regulation applies where—

(a) an award of universal credit is made to a person who was previously entitled to a tax credit;

(b) the award of that tax credit has terminated;

(c) the date on which the award terminated falls in the tax year to which that award relates (“the relevant tax year”); and

(d) the claimant carried on a trade, vocation or profession during the part tax year.]

Textual Amendments

F1 Regs. 6A, 6B inserted (29.4.2013) by The Universal Credit (Transitional Provisions) Regulations 2013 (S.I. 2013/386), regs. 1(2), 17, Sch. para. 21