TCTM04605 - Further disregards in the calculation of investment income: Payments made to prisoners of war of the Japanese
»Ê¹ÚÌåÓýapp Tax Credits (Definition and Calculation of Income) Regulations 2002, Reg. 10(2), Table 4, Item 5.
When calculating investment income, disregard the following:
- Any interest on a payment of £10,000 made by the Secretary of State to a person who was a prisoner of war of the Japanese during the Second World War, or to their spouse if the payment is held in a distinct account and no payment apart from the interest has been added to it.