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Bind the SPI net property-income amounts unscaled (#1106)
HMRC's Property Rental Income Statistics are receipts before allowable expenses; SPI Table 3.7 net income from property is landlords' profit after allowable expenses and before residential finance costs, the concept property_income holds (policyengine-uk#2172 now documents it so). The incumbent's x1.9 scaling (uk-data#311) set the first against the second, so the 13 amount rows were signed out pending a ruling. María ruled on 2026-10-05 to bind each concept on its own variable. - The signed exclusion property_income_undercount_adjustment_missing is retired, the hmrc_spi family outcome becomes active_strict_band_pins with a rationale for the net concept, and the contract note replaces the x1.9 sentence. The uprating index stays obr.per_capita.gdp. - Regenerated from feed 825406f: 1,244 active references on #1121's base (13 added, none changed), 15 signed out; membership candidates 1,253 -> 1,265. - Both national compile-parity receipts gain the 13 rows. A property- specific reason precedes the generic SPI drift reason, which blamed the fixture's one-year projection: the 2025 values are £31.78bn against the fixture's £55.78bn (1.9 x £29.36bn). - Tests: the reference counts, the inverted property test (13 rows on the per-capita GDP hold, no value operation), the membership outcome and signed-rationale lists; the income-anchors note. Co-Authored-By: Claude Opus 5.5 <noreply@anthropic.com>
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‎changelog.d/1106-spi-property-income-amounts-bound.changed.md‎

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The 13 SPI Table 3.7 net property-income amounts by total-income band are bound (microcosm#1106, María's ruling of 2026-10-05). They had been signed out over the incumbent's x1.9 scaling (uk-data#311), which set HMRC Property Rental Income Statistics receipts against the SPI's net concept; HMRC confirmed those statistics are before allowable expenses. The facts now bind unscaled on `property_income`, landlords' profit after allowable expenses and before residential finance costs, uprated from 2023-24 to 2025 by the pinned per-capita GDP index (factor 1.0826): £31.78bn in all against the incumbent fixture's £55.78bn (1.9 × £29.36bn), for example £5.85bn against £10.26bn in the £50,000 to £70,000 band and £2.76bn against £4.85bn in the £100,000 to £150,000 band. Active national references go from 1,231 to 1,244. Both national compile-parity receipts gain the 13 rows (the 2025 incumbent receipt as calibration drift, with the retired scaling as the reason); the local surface is unchanged. The 13 new specs move the compiled register, so uk-candidate-eval's frozen scoring register needs a re-freeze before the next national solve.

‎docs/uk-income-anchors-280.md‎

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## Not done here
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- The property-income amount rows stay signed out: the spine's
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`property_income` is FRS rent from other property (before tax, after the
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expenses on show card K6, which include mortgage payments and loan
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interest) plus sub-letting rent as reported, which SUBALLOW records as
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before or after expenses, while the SPI concept is landlords' profit after
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allowable expenses and before residential finance costs.
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- The property-income amount rows are bound since microcosm#1106: the 13 SPI
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Table 3.7 net amounts bind unscaled on `property_income`, landlords' profit
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after allowable expenses and before residential finance costs, and the
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incumbent's x1.9 scaling is retired (María's ruling of 2026-10-05). The FRS
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side is not done: the spine's FRS landlords hold rent from other property
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(before tax, after the expenses on show card K6, which include mortgage
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payments and loan interest) plus sub-letting rent as reported, which
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SUBALLOW records as before or after expenses, so they sit below the SPI
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concept and the binding leans on the SPI records and the weights.
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- The ESA rows' migration residual and the SPI support channel's benefit fill
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(microcosm#840, #867, #869) are spine items.

‎packages/microcosm-build/src/microcosm/build/uk/ledger_compile_parity_incumbent_2025_signed_differences.json‎

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"compiled_count": 1231,
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"compiled_count": 1244,
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"calibration_drift": 566,
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"fixture_only": 42,
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"ledger_only": 649
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"difference_count": 1257,
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"period": 2025,
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"reason": "Fixture row has no Ledger-compiled counterpart at this comparison period."
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},
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{
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"fixture_value": 4845000000.0,
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"name": "hmrc/property_income_income_band_100_000_to_150_000",
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"period": 2025,
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"reason": "Fixture row has no Ledger-compiled counterpart at this comparison period."
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},
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{
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"fixture_value": 1273000000.0,
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"kind": "fixture_only",
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"name": "hmrc/property_income_income_band_12_570_to_15_000",
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"period": 2025,
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"reason": "Fixture row has no Ledger-compiled counterpart at this comparison period."
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},
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{
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"fixture_value": 2185000000.0,
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"kind": "fixture_only",
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"name": "hmrc/property_income_income_band_150_000_to_200_000",
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{
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},
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{
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"reason": "Fixture row has no Ledger-compiled counterpart at this comparison period."
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{
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{
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{
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"reason": "Fixture row has no Ledger-compiled counterpart at this comparison period."
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{
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"name": "hmrc/property_income_income_band_30_000_to_40_000",
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"period": 2025,
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"reason": "Fixture row has no Ledger-compiled counterpart at this comparison period."
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},
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{
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"period": 2025,
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"reason": "Fixture row has no Ledger-compiled counterpart at this comparison period."
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},
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{
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"kind": "fixture_only",
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"name": "hmrc/property_income_income_band_500_000_to_1_000_000",
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"period": 2025,
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"reason": "Fixture row has no Ledger-compiled counterpart at this comparison period."
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},
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{
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"fixture_value": 10260000000.0,
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"kind": "fixture_only",
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"name": "hmrc/property_income_income_band_50_000_to_70_000",
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"period": 2025,
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"reason": "Fixture row has no Ledger-compiled counterpart at this comparison period."
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},
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{
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"fixture_value": 7163000000.0,
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"kind": "fixture_only",
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"name": "hmrc/property_income_income_band_70_000_to_100_000",
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"period": 2025,
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"reason": "Fixture row has no Ledger-compiled counterpart at this comparison period."
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},
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{
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"kind": "fixture_only",
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"period": 2025,
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"reason": "Declared uprating (PolicyEngine/chronicle#280 lane, María's ruling of 2026-09-22): ours moves the SPI 2023-24 band value to the 2025 calibration year by the index the reference declares (amounts by the pinned engine's per-variable OBR and ONS indices between 1 January 2023 and 1 January 2025, the state pension by the new State Pension rate the engine pays, counts by HMRC's projected taxpayer growth in the containing Table 2.5 band as the calendar-2025 window); the frozen incumbent fixture holds the 2023-24 values it projects one year forward with its own income-projection ratios."
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{
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"period": 2025,
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"reason": "The x1.9 adjustment is retired (microcosm#1106, María's ruling of 2026-10-05): ours binds the SPI 2023-24 Table 3.7 net income from property, landlords' profit after allowable expenses and before residential finance costs, moved to the 2025 calibration year by the pinned engine's per-capita GDP index; the frozen incumbent fixture holds 1.9 times the SPI amounts (uk-data#311), a factor that set HMRC Property Rental Income Statistics receipts, which are before expenses, against this net concept."
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},
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{
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"fixture_value": 1273000000.0,
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"kind": "calibration_drift",
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"ledger_value": 725359924.861269,
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"name": "hmrc/property_income_income_band_12_570_to_15_000",
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"period": 2025,
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"reason": "The x1.9 adjustment is retired (microcosm#1106, María's ruling of 2026-10-05): ours binds the SPI 2023-24 Table 3.7 net income from property, landlords' profit after allowable expenses and before residential finance costs, moved to the 2025 calibration year by the pinned engine's per-capita GDP index; the frozen incumbent fixture holds 1.9 times the SPI amounts (uk-data#311), a factor that set HMRC Property Rental Income Statistics receipts, which are before expenses, against this net concept."
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{
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"period": 2025,
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"reason": "The x1.9 adjustment is retired (microcosm#1106, María's ruling of 2026-10-05): ours binds the SPI 2023-24 Table 3.7 net income from property, landlords' profit after allowable expenses and before residential finance costs, moved to the 2025 calibration year by the pinned engine's per-capita GDP index; the frozen incumbent fixture holds 1.9 times the SPI amounts (uk-data#311), a factor that set HMRC Property Rental Income Statistics receipts, which are before expenses, against this net concept."
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},
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{
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"fixture_value": 3211000000.0,
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"ledger_value": 1829639213.4560368,
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"name": "hmrc/property_income_income_band_15_000_to_20_000",
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"period": 2025,
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"reason": "The x1.9 adjustment is retired (microcosm#1106, María's ruling of 2026-10-05): ours binds the SPI 2023-24 Table 3.7 net income from property, landlords' profit after allowable expenses and before residential finance costs, moved to the 2025 calibration year by the pinned engine's per-capita GDP index; the frozen incumbent fixture holds 1.9 times the SPI amounts (uk-data#311), a factor that set HMRC Property Rental Income Statistics receipts, which are before expenses, against this net concept."
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},
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{
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"fixture_value": 834100000.0,
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"ledger_value": 475273144.79715985,
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"name": "hmrc/property_income_income_band_1_000_000_to_inf",
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"period": 2025,
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"reason": "The x1.9 adjustment is retired (microcosm#1106, María's ruling of 2026-10-05): ours binds the SPI 2023-24 Table 3.7 net income from property, landlords' profit after allowable expenses and before residential finance costs, moved to the 2025 calibration year by the pinned engine's per-capita GDP index; the frozen incumbent fixture holds 1.9 times the SPI amounts (uk-data#311), a factor that set HMRC Property Rental Income Statistics receipts, which are before expenses, against this net concept."
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"name": "hmrc/property_income_income_band_200_000_to_300_000",
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"period": 2025,
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"reason": "The x1.9 adjustment is retired (microcosm#1106, María's ruling of 2026-10-05): ours binds the SPI 2023-24 Table 3.7 net income from property, landlords' profit after allowable expenses and before residential finance costs, moved to the 2025 calibration year by the pinned engine's per-capita GDP index; the frozen incumbent fixture holds 1.9 times the SPI amounts (uk-data#311), a factor that set HMRC Property Rental Income Statistics receipts, which are before expenses, against this net concept."
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{
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"period": 2025,
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"reason": "The x1.9 adjustment is retired (microcosm#1106, María's ruling of 2026-10-05): ours binds the SPI 2023-24 Table 3.7 net income from property, landlords' profit after allowable expenses and before residential finance costs, moved to the 2025 calibration year by the pinned engine's per-capita GDP index; the frozen incumbent fixture holds 1.9 times the SPI amounts (uk-data#311), a factor that set HMRC Property Rental Income Statistics receipts, which are before expenses, against this net concept."
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"period": 2025,
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"reason": "The x1.9 adjustment is retired (microcosm#1106, María's ruling of 2026-10-05): ours binds the SPI 2023-24 Table 3.7 net income from property, landlords' profit after allowable expenses and before residential finance costs, moved to the 2025 calibration year by the pinned engine's per-capita GDP index; the frozen incumbent fixture holds 1.9 times the SPI amounts (uk-data#311), a factor that set HMRC Property Rental Income Statistics receipts, which are before expenses, against this net concept."
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"period": 2025,
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"reason": "The x1.9 adjustment is retired (microcosm#1106, María's ruling of 2026-10-05): ours binds the SPI 2023-24 Table 3.7 net income from property, landlords' profit after allowable expenses and before residential finance costs, moved to the 2025 calibration year by the pinned engine's per-capita GDP index; the frozen incumbent fixture holds 1.9 times the SPI amounts (uk-data#311), a factor that set HMRC Property Rental Income Statistics receipts, which are before expenses, against this net concept."
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"period": 2025,
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"reason": "The x1.9 adjustment is retired (microcosm#1106, María's ruling of 2026-10-05): ours binds the SPI 2023-24 Table 3.7 net income from property, landlords' profit after allowable expenses and before residential finance costs, moved to the 2025 calibration year by the pinned engine's per-capita GDP index; the frozen incumbent fixture holds 1.9 times the SPI amounts (uk-data#311), a factor that set HMRC Property Rental Income Statistics receipts, which are before expenses, against this net concept."
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{
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"name": "hmrc/property_income_income_band_500_000_to_1_000_000",
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"period": 2025,
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"reason": "The x1.9 adjustment is retired (microcosm#1106, María's ruling of 2026-10-05): ours binds the SPI 2023-24 Table 3.7 net income from property, landlords' profit after allowable expenses and before residential finance costs, moved to the 2025 calibration year by the pinned engine's per-capita GDP index; the frozen incumbent fixture holds 1.9 times the SPI amounts (uk-data#311), a factor that set HMRC Property Rental Income Statistics receipts, which are before expenses, against this net concept."
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},
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{
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"fixture_value": 10260000000.0,
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"kind": "calibration_drift",
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"ledger_value": 5846184469.031124,
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"name": "hmrc/property_income_income_band_50_000_to_70_000",
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"period": 2025,
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"reason": "The x1.9 adjustment is retired (microcosm#1106, María's ruling of 2026-10-05): ours binds the SPI 2023-24 Table 3.7 net income from property, landlords' profit after allowable expenses and before residential finance costs, moved to the 2025 calibration year by the pinned engine's per-capita GDP index; the frozen incumbent fixture holds 1.9 times the SPI amounts (uk-data#311), a factor that set HMRC Property Rental Income Statistics receipts, which are before expenses, against this net concept."
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},
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{
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"kind": "calibration_drift",
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"ledger_value": 4081502860.786544,
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"name": "hmrc/property_income_income_band_70_000_to_100_000",
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"period": 2025,
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"reason": "The x1.9 adjustment is retired (microcosm#1106, María's ruling of 2026-10-05): ours binds the SPI 2023-24 Table 3.7 net income from property, landlords' profit after allowable expenses and before residential finance costs, moved to the 2025 calibration year by the pinned engine's per-capita GDP index; the frozen incumbent fixture holds 1.9 times the SPI amounts (uk-data#311), a factor that set HMRC Property Rental Income Statistics receipts, which are before expenses, against this net concept."
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},
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{
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"kind": "calibration_drift",

‎packages/microcosm-build/src/microcosm/build/uk/ledger_compile_parity_production_2023_signed_differences.json‎

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"compiled_count": 932,
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"fixture_only": 17,
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"ledger_only": 787
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"ledger_only": 800
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"difference_count": 924,
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"difference_count": 937,
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"differences": [
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{
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"reason": "Ledger-compiled row has no fixture counterpart at this comparison period."
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{
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"reason": "Ledger-compiled row has no fixture counterpart at this comparison period."
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"reason": "Ledger-compiled row has no fixture counterpart at this comparison period."
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{
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"name": "hmrc/property_income_income_band_1_000_000_to_inf",
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"period": 2023,
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"reason": "Ledger-compiled row has no fixture counterpart at this comparison period."
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},
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{
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"ledger_value": 1050000000.0,
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"name": "hmrc/property_income_income_band_200_000_to_300_000",
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"period": 2023,
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"reason": "Ledger-compiled row has no fixture counterpart at this comparison period."
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},
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{
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"name": "hmrc/property_income_income_band_20_000_to_30_000",
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"period": 2023,
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"reason": "Ledger-compiled row has no fixture counterpart at this comparison period."
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},
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{
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"period": 2023,
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"reason": "Ledger-compiled row has no fixture counterpart at this comparison period."
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},
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{
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"name": "hmrc/property_income_income_band_30_000_to_40_000",
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"period": 2023,
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"reason": "Ledger-compiled row has no fixture counterpart at this comparison period."
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},
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{
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"period": 2023,
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"reason": "Ledger-compiled row has no fixture counterpart at this comparison period."
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},
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{
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"kind": "ledger_only",
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"name": "hmrc/property_income_income_band_500_000_to_1_000_000",
4333+
"period": 2023,
4334+
"reason": "Ledger-compiled row has no fixture counterpart at this comparison period."
4335+
},
4336+
{
4337+
"kind": "ledger_only",
4338+
"ledger_value": 5400000000.0,
4339+
"name": "hmrc/property_income_income_band_50_000_to_70_000",
4340+
"period": 2023,
4341+
"reason": "Ledger-compiled row has no fixture counterpart at this comparison period."
4342+
},
4343+
{
4344+
"kind": "ledger_only",
4345+
"ledger_value": 3770000000.0,
4346+
"name": "hmrc/property_income_income_band_70_000_to_100_000",
4347+
"period": 2023,
4348+
"reason": "Ledger-compiled row has no fixture counterpart at this comparison period."
4349+
},
42594350
{
42604351
"kind": "ledger_only",
42614352
"ledger_value": 85000.0,

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