Calcuation of net income variables
I have a question about the precise calculation of income variables such as hhnetinc1 (total household net income - no deductions) or prfitb (total personal income). In particular I'd like to know what the individual components are that go into the calculation. I've check the website and the documentation, but I haven't been able to find more information about. Any guidance would be appreciated.
Updated by Redmine Admin about 5 years ago
- Status changed from New to In Progress
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Yes, housing benefit reported on the income file is included in hhnetinc1. However no allowance is made in hhnetinc1 for the rent rebate/housing benefit reported implicitly in the household questionnaire at questions w_renthb and w_rentg.
On behalf of the team, Jakob