Income and Corporation Taxes Act 1988 (c. 1)E+W+S+N.I.
This section has no associated Explanatory Notes
14In the Income and Corporation Taxes Act 1988, after section 617 insert—
“617A“Tax credits under Part 1 of Tax Credits Act 2002
Payments of a tax credit, within the meaning of the Tax Credits Act 2002, shall not be treated as income for any purpose of the Income Tax Acts.”