HC Deb 08 May 1990 vol 172 cc89-90W
Sir Trevor Skeet

To ask the Secretary of State for Social Security what rate of interest is imputed to savers under community charge calculations; and if he will give the statutory basis for this rate.

Mrs. Gillian Shephard

The information required is shown in the table.

The calculation of tariff income from capital is laid down in regulation 35 of the Community Charge Benefit (General) Regulations 1989.

Tariff income assumed from capital Lower Limit £3,000.00
Capital not more than £ Weekly tariff income £ Tariff income as annual percentage of capital Maximum effect of tariff income on CCB £ p Reduction of CCB as annual percentage of capital
3,000 0 0.0 0.00 0.0
3,250 1 1.6 0.15 0.2
3,500 2 3.0 0.30 0.4
3,750 3 4.2 0.45 0.6
4,000 4 5.2 0.60 0.8
4,250 5 6.1 0.75 0.9
4,500 6 6.9 0.90 1.0
4,750 7 7.7 1.05 1.1
5,000 8 8.3 1.20 1.2
5,250 9 8.9 1.35 1.3
5,500 10 9.5 1.50 1.4
5,750 11 9.9 1.65 1.5
6,000 12 10.4 1.80 1.6
6,250 13 10.8 1.95 1.6
6,500 14 1.12 2.10 1.7
6,750 15 11.6 2.25 1.7
7,000 16 11.9 2.40 1.8
7,250 17 12.2 2.55 1.8
7,500 18 12.5 2.70 1.9
7,750 19 12.7 2.85 1.9
8,000 20 13.0 3.00 2.0
8,250 21 13.2 3.15 2.0
8,500 22 13.5 3.30 2.0
8,750 23 13.7 3.45 2.1
9,000 24 13.9 3.60 2.1
9,250 25 14.1 3.75 2.1
9,500 26 14.2 3.90 2.1
9,750 27 14.4 4.05 2.2
10,000 28 14.6 4.20 2.2
10,250 29 14.7 4.35 2.2
10,500 30 14.9 4.50 2.2
10,750 31 15.0 4.65 2.2
11,000 32 15.1 4.80 2.3
11,250 33 15.3 4.95 2.3
11,500 34 15.4 5.10 2.3
11,750 35 15.5 5.25 2.3
12,000 36 15.6 5.40 2.3
12,250 37 15.7 5.55 2.4
12,500 38 15.8 5.70 2.4
12,750 39 15.9 5.85 2.4
13,000 40 16.0 6.00 2.4
13,250 41 16.1 6.15 2.4
13,500 42 16.2 6.30 2.4
13,750 43 16.3 6.45 2.4
14,000 44 16.3 6.60 2.5
14,250 45 16.4 6.75 2.5
14,500 46 16.5 6.90 2.5
14,750 47 16.6 7.05 2.5
15,000 48 16.6 7.20 2.5
15,250 49 16.7 7.35 2.5
15,500 50 16.8 7.50 2.5
15,750 51 16.8 7.65 2.5
16,000 52 16.9 7.80 2.5

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