We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

How to calculate Net Income for Adult/Child Dependant Grant

Options
I have been looking at the SLC Factsheet for calculating Adult and Child Grant Dependant Grants (sorry I cant post a link as im a new user)

In their calculation it gives a breakdown of how to work out what you are entitled to, and uses "total net income" in its figures.

Does anyone know how they calculate this total net income?
Is it Net pay + tax credits - allowable expenses?
or is tax credits not included? And what about child benefit?

Factsheet says;
"total net income - disregard figure = residual income"

Many thanks
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.7K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.