What to do with transfer payments while calculating private income
You need income from NDPfc accruing to private-sector in order to go on. Once you have that you now have to add to that 4 items;
National Debt Interest
Current Transfers from the Government
Net Factor Income From Abroad
Net Current Transfers from Abroad [this is the transfer payment you are asking for].
National Debt Interest
Current Transfers from the Government
Net Factor Income From Abroad
Net Current Transfers from Abroad [this is the transfer payment you are asking for].