PART 6Assessment of income and capital

SECTION 2Income

Meaning of “income”

29.—(1) For the purposes of these Regulations, “income” means income of any of the following descriptions—

(a)earnings;

(b)working tax credit F1;

(c)retirement pension income within the meaning of the State Pension Credit ActF2;

(d)income from annuity contracts (other than retirement pension income);

(e)a war disablement pension or war widow's or widower's pension;

(f)a foreign war disablement pension or war widow's or widower's pension;

(g)a guaranteed income payment;

[F3(h)a payment made under article 21(1)(c) of the Armed Forces and Reserve Forces (Compensation Scheme) Order 2005F4, in any case where article 23(2)(c) applies;]

(i)income from capital, other than capital disregarded under Part 1 of Schedule 6;

(j)social security benefits, other than retirement pension income or any of the following benefits—

[F5(zi)universal credit;]

(i)disability living allowance;

[F6(ia)personal independence payment;]

[F7(iaa)adult disability payment;]

[F8(ib)armed forces independence payment;]

[F9(ic)disability assistance given in accordance with regulations made under section 31 of the Social Security (Scotland) Act 2018;]

(ii)attendance allowance payable under section 64 of the Act;

(iii)an increase of disablement pension under section 104 or 105 of the Act;

(iv)a payment under regulations made in exercise of the power conferred by paragraph 7(2)(b) of Part 2 of Schedule 8 to the ActF10;

(v)an increase of an allowance payable in respect of constant attendance under paragraph 4 of Part 1 of Schedule 8 to the Act;

(vi)child benefit;

(vii)any guardian's allowance payable under section 77 of the Act;

(viii)any increase for a dependant, other than the claimant's partner, payable in accordance with Part 4 of the Act;

(ix)any social fund payment made under Part 8 of the Act;

(x)Christmas bonus payable under Part 10 of the Act;

(xi)housing benefit;

F11(xii). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

[F12(xiii)bereavement support payment under section 30 of the Pensions Act 2014;]

(xiv)statutory sick pay;

(xv)statutory maternity pay;

[F13(xvi)F14... statutory paternity pay payable under Part 12ZA of the Act;]

F15(xvia). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(xvii)statutory adoption pay payable under Part 12ZB of the ActF16;

[F17(xviia)statutory shared parental pay payable under Part 12ZC of the Act;]

[F18(xviiaa)statutory parental bereavement pay payable under Part 12ZD of the Act;]

[F19(xviib)carer’s allowance supplement payable under section 81 of the Social Security (Scotland) Act 2018;]

[F20(xviic)early years assistance given in accordance with section 32 of the Social Security (Scotland) Act 2018;]

[F21(xviid)funeral expense assistance given in accordance with section 34 of the Social Security (Scotland) Act 2018.]

[F22(xviie)any Scottish child payment assistance given in accordance with section 79 of the Social Security (Scotland) Act 2018.]

[F23(xviif)any assistance given in accordance with the Carer’s Assistance (Young Carer Grants) (Scotland) Regulations 2019;]

[F24(xviig)short-term assistance given in accordance with regulations made under section 36 of the Social Security (Scotland) Act 2018;]

[F25(xviih)“winter heating assistance given in accordance with regulations under section 30 of the Social Security (Scotland) Act 2018;]

(xviii)any benefit similar to those mentioned in the preceding provisions of this paragraph payable under legislation having effect in Northern Ireland;

(k)all foreign social security benefits which are similar to the social security benefits prescribed above;

[F26(l)a payment made—

(i)under article 30 of the Naval, Military and Air Forces Etc. (Disablement and Death) Service Pensions Order 2006, in any case where article 30(1)(b) applies; or

(ii)under article 12(8) of that Order, in any case where sub-paragraph (b) of that article applies;]

[F27(m)a pension paid by a government to victims of National Socialist persecution;]

(n)payments under a scheme made under the Pneumoconiosis etc. (Worker's Compensation) Act 1979F28;

(o)payments made towards the maintenance of the claimant by his spouse, civil partner, former spouse or former civil partner or towards the maintenance of the claimant's partner by his spouse, civil partner, former spouse or former civil partner, including payments made—

(i)under a court order;

(ii)under an agreement for maintenance; or

(iii)voluntarily;

(p)payments due from any person in respect of board and lodging accommodation provided by the claimant;

[F29(q)royalties or other sums paid as a consideration for the use of, or the right to use, any copyright, design, patent or trade mark;]

[F30(r)any payment in respect of any—

(i)book registered under the Public Lending Right Scheme 1982F31; or

(ii)work made under any international public lending right scheme that is analogous to the Public Lending Right Scheme 1982;]

(s)any payment, other than a payment ordered by a court or made in settlement of a claim, made by or on behalf of a former employer of a person on account of the early retirement of that person on grounds of ill-health or disability;

(t)any sum payable by way of pension out of money provided under the Civil List Act 1837F32, the Civil List Act 1937F33, the Civil List Act 1952F34, the Civil List Act 1972 F35 or the Civil List Act 1975 F36;

(u)any income in lieu of that specified in sub-paragraphs (a) to (r);

(v)any payment of rent made to a claimant who—

(i)owns the freehold or leasehold interest in any property or is a tenant of any property;

(ii)occupies part of the property; and

(iii)has an agreement with another person allowing that person to occupy that property on payment of rent; F37...

(w)any payment made at regular intervals under an equity release scheme.

[F38(x) PPF periodic payments within the meaning of section 17(1) of the State Pension Credit Act.]

[F39(2) For the purposes of these Regulations and subject to regulation 44(2) (capital to be disregarded), a claimant’s capital shall be treated as if it were a weekly income of—

(a)£1 for each £500 in excess of £10,000; and

(b)£1 for any excess which is not a complete £500.]

(3) Where the payment of any social security benefit prescribed under paragraph (1)[F40, or retirement pension income to which section 16(1)(za) to (e) of the State Pension Credit Act applies,] is subject to any deduction (other than an adjustment specified in paragraph (4)) the amount to be taken into account under paragraph (1) shall be the amount before the deduction is made.

(4) The adjustments specified in this paragraph are those made in accordance with—

(a)the Social Security (Overlapping Benefits) Regulations 1979F41;

(b)the Social Security (Hospital In-Patients) Regulations 1975F42;

(c)section 30DD or section 30E of the ActF43 (reductions in incapacity benefit in respect of pensions and councillor's allowances).

[F44(d)section 3 of the Welfare Reform Act (deductions from contributory employment and support allowance in respect of pensions and councillor’s allowances).]

[F45(e)section 14 of the Pensions Act 2014 (pension sharing: reduction in the sharer’s section 4 pension);

(f)section 45B or 55B of the Social Security Contributions and Benefits Act 1992 (reduction of additional pension in Category A retirement pension and shared additional pension: pension sharing).]

[F46(g)regulation 16(2) of the Carer’s Assistance (Carer Support Payment) (Scotland) Regulations 2023.]

(5) Where an award of any working tax credit or child tax credit under the Tax Credits Act 2002 F47 is subject to a deduction by way of recovery of an overpayment of working tax credit or child tax credit which arose in a previous tax year the amount to be taken into account under paragraph (1) shall be the amount of working tax credit or child tax credit awarded less the amount of that deduction.