http://www.legislation.gov.uk/id/uksi/2013/376

http://www.legislation.gov.uk/uksi/2013/376/regulation/72/2019-09-16

The Universal Credit Regulations 2013

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Statute Law Database

SOCIAL SECURITY

2024-10-22

Expert Participation

2019-09-16

These Regulations contain provisions in relation to universal credit under Part 1 of the Welfare Reform Act 2012 (c.5) (“the Act”). They also include provision for a benefit cap under section 96 of the Act.

The Universal Credit Regulations 2013

Table of Contents

The Universal Credit (Miscellaneous Amendments, Saving and Transitional Provision) Regulations 2018

reg. 3(2)(a)

reg. 1(2)

The Universal Credit Regulations 2013

Table of Contents

The Universal Credit (Miscellaneous Amendments, Saving and Transitional Provision) Regulations 2018

reg. 3(2)(b)

reg. 8(1)

reg. 1(4)

The Universal Credit Regulations 2013

Table of Contents

The Universal Credit (Miscellaneous Amendments, Saving and Transitional Provision) Regulations 2018

reg. 3(2)(c)(i)

reg. 8(2)

(3)

reg. 1(4)

The Universal Credit Regulations 2013

Table of Contents

The Universal Credit (Miscellaneous Amendments, Saving and Transitional Provision) Regulations 2018

reg. 3(2)(c)(ii)

reg. 8(2)

(3)

reg. 1(4)

The Universal Credit Regulations 2013

Table of Contents

The Universal Credit (Miscellaneous Amendments, Saving and Transitional Provision) Regulations 2018

reg. 3(2)(a)

reg. 1(2)

The Universal Credit Regulations 2013

Table of Contents

The Universal Credit (Miscellaneous Amendments, Saving and Transitional Provision) Regulations 2018

reg. 3(2)(b)

reg. 8(1)

reg. 1(4)

The Universal Credit Regulations 2013

Table of Contents

The Universal Credit (Miscellaneous Amendments, Saving and Transitional Provision) Regulations 2018

reg. 3(2)(c)(i)

reg. 8(2)

(3)

reg. 1(4)

The Universal Credit Regulations 2013

Table of Contents

The Universal Credit (Miscellaneous Amendments, Saving and Transitional Provision) Regulations 2018

reg. 3(2)(c)(ii)

reg. 8(2)

(3)

reg. 1(4)

The Universal Credit Regulations 2013

Table of Contents

The Social Security (Income and Capital) (Miscellaneous Amendments) Regulations 2020

reg. 8(3)(a)

reg. 1

The Universal Credit Regulations 2013

Table of Contents

The Social Security (Income and Capital) (Miscellaneous Amendments) Regulations 2020

reg. 8(3)(a)

reg. 1

The Universal Credit Regulations 2013

PART 6CALCULATION OF CAPITAL AND INCOME

CHAPTER 3UNEARNED INCOME

General

Assumed yield from capital72

1

A person's capital is to be treated as yielding a monthly income of £4.35 for each £250 in excess of £6,000 and £4.35 for any excess which is not a complete £250.

2

Paragraph (1) does not apply where the capital is disregarded or the actual income from that capital is taken into account under regulation 66(1)(i) (income from an annuity) or (j) (income from a trust).

3

Where a person's capital is treated as yielding income, any actual income derived from that capital, for example rental, interest or dividends, is to be treated as part of the person's capital from the day it is due to be paid to the person.