A household unit’s income must be assessed by one of the following methods:

1. based on the previous taxation year, the net income as set out in a Notice of Assessment under theIncome Tax Act (Canada) and any non taxable child support payments less the value of the health benefit that may be provided to the household unit;

2. based on the current taxation year, the projected net income reportable under the Income Tax Act (Canada) and any non taxable child support less the value of the health benefit that may be provided to the household unit.