SolvedTCM1000205 | How to finalise PY
From HM Revenue & Customs · Tax Credits Manual
Version 1.0
Changes to previous version - new guidance
Step 1
On the ‘Function Menu’
select ‘Renewal’ on the toolbar
select ‘Manage Finalisation’ from the options available. You will be taken to the ‘Key Entry Data - Applicant’ screen
enter the customer’s NINO
select the relevant checkbox
select ‘OK’.
If you are taken to the ‘Select Household’ screen
select the relevant household
select ‘OK’. You will be taken to the ‘Manage Finalisation’ screen
go to Step 2.
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
On the ‘Manage Finalisation’ screen
select ‘Process’. You will be taken to the ‘Process’ screen
select ‘TCO’ from the ‘Action Authority’ field
select ‘As Agreed’ from the ‘Finalise’ field
select ‘Finalise’
where a warning message displays, select ‘Yes’
where an error message displays, select ‘OK’ or ‘Yes’, as appropriate
you have finalised the PY award.