TCM1000614 - How to calculate the daily rate of UY income, as displayed in Application Correction

Step 1

On the 鈥楩unction Menu鈥�

  • select 鈥楢pplication鈥� on the toolbar
  • select 鈥楥orrection鈥�. You will be taken to the 鈥楰ey Entry Data 鈥� Applicant鈥� screen
  • enter the customers NINO
  • select the 鈥楲atest鈥� checkbox
  • select 鈥極K鈥�.

If you are taken to the 鈥楽elect Application鈥� screen

  • select the relevant claim
  • select 鈥極K鈥�. You will be taken to the 鈥楢pplicant Details鈥� screen
  • go to Step 2.

If you are taken to the 鈥楽elect Application Version鈥� screen

  • select the relevant claim
  • select 鈥極K鈥�. You will be taken to the 鈥楢pplicant Details鈥� screen
  • go to Step 2.

Step 2

Note: If you are dealing with a joint claim, you must repeat this step for applicant 2 by selecting 鈥業nc2鈥�.

Note: If there are RTI figures available, these will have been input already onto the tax credits system with a status if 鈥楻鈥�. If these figures are then replaced by new figures, the status will automatically revert to 鈥楢鈥�.

Note: Any blank boxes can be disregarded.

  • select 鈥業nc1鈥� on the options available. You will be taken to the 鈥業ncome 鈥� Applicant 1 鈥� Sterling鈥� screen
  • select 鈥極K鈥� on the message 鈥楿C Start Date associated with this claim, income for UY cannot be entered or amended in this function鈥� that appears
  • go to Step 3.

Step 3

Using the income figures required

  • divide each figure by the number of days in UY
  • this will be the daily rate of income.

Note: This step needs to be repeated if you are dealing with a joint claim.