SolvedTCM1000149 | How to finalise, terminate, finalise and renew, or renew an award in function Manage Finalisation when working from a work list
From HM Revenue & Customs · Tax Credits Manual
Version 1.0
Changes to previous version - new guidance
Step 1
On the relevant work list
select the relevant work list item
select ‘File’ on the toolbar
select ‘Next Function’ from the options available. You will be taken to the ‘Select Next Function’ screen
select ‘Manage Finalisation’
select ‘OK’.
If you are taken to the ‘Select Tax Credit Period’ screen
select the relevant award
select ‘OK’. You will be taken to the ‘Manage Finalisation’ screen
go to Step 2.
If you are taken straight to the ‘Manage Finalisation’ screen, go to Step 2.
Step 2
If you are finalising an award only, go to Step 3.
If you are terminating an award, go to Step 4.
If you are finalising and renewing an award, go to Step 5.
If you are renewing an award only, go to Step 6.
Step 3
On the ‘Manage Finalisation’ screen
select ‘Process’. You will be taken to the ‘Process’ screen
select ‘TCO’ from the ‘Action Authority’ field
select the relevant option from the ‘Finalise’ field
select ‘Finalise’. The award will be finalised on the information held.
Step 4
On the ‘Manage Finalisation’ screen
select ‘Process’. You will be taken to the ‘Process’ screen
select ‘TCO’ from the ‘Action Authority’ field
select the relevant option from the ‘Terminate’ field
select ‘Terminate’. The CY award will be terminated.
Step 5
On the ‘Manage Finalisation’ screen
select ‘Process’. You will be taken to the ‘Process’ screen
select ‘TCO’ from the ‘Action Authority’ field
select ‘Full Reply’ from the ‘Finalise and Renew’ field
select ‘Finalise and Renew’.
If no error message displays after you have selected ‘Finalise and Renew’, the award will be finalised and renewed.
If an error message displays after you have selected ‘Finalise and Renew’, select ‘OK’ or ‘Yes’ as appropriate. The award will be finalised and renewed.
If the ‘Finalise and Renew’ button is greyed out
select ‘Full Reply’ from the ‘Finalise’ field
select ‘Finalise’. The award will be finalised and renewed.
Step 6
On the ‘Manage Finalisation’ screen
select ‘Process’. You will be taken to the ‘Process’ screen
select ‘TCO’ from the ‘Action Authority’ field
select the relevant option from the ‘Renew’ field
select ‘Renew’. The award will be renewed.