TCTM04611 - Further disregards in the calculation of investment income: Interest payments - compensation to a person who is under 18, for the death of one or more parent
»Ê¹ÚÌåÓýapp Tax Credits (Definition and Calculation of Income) Regulations 2002, Reg. 10(2), Table 4, Item11.
When calculating investment income, disregard the following:
- Any interest, or payment in respect of interest, which is compensation to a person aged under 18, for the death of one or both of his parents.