SolvedTCM1000600 | How to capture In Year Finalisation information
From HM Revenue & Customs · Tax Credits Manual
Note: RTI was introduced from April 2014. Income type ‘R’ denotes income has been recorded from RTI.
Step 1
On the ‘Function Menu’
select ‘IY Finalisation’ on the toolbar
select ‘Capture In Year S17 Notices’ from the options available. You will be taken to the ‘Key Entry Data - Capture In Year S17 Notice’ screen
enter the customers NINO
select ‘OK’. You will be taken to the ‘In Year Income and Benefits’ screen, go to Step 2.
If you are taken to the ‘Select Household’ screen
select the relevant household
select ‘OK’. You will be taken to the ‘In Year Income and Benefits’ screen, go to Step 2
If you are taken straight to the ‘In Year Income and Benefits’ screen, go to Step 2.
Step 2
On the ‘In Year Income and Benefits’ screen
amend the details in the relevant fields with the details on the Award Declaration provided by the customer
Note: From April 2014 customers must provide ‘actual’ figures for earned income, taxable social security benefits and benefits in kind when making their award declaration. We will no longer accept an estimate for these types of income.
Note: If there are RTI figures available, these will have been input already onto the tax credits system. If these figures are then replaced by new figures, the status will automatically revert to ‘A’.
select ‘Continue’
go to Step 3.
Step 3
Note: If the customer has not signed the Award Declaration, treat it as signed.
If the customer has indicated that their circumstances are correct on the Award Declaration
select the ‘SOC - Yes’ checkbox
select ‘Yes’ in the ‘Signature’ checkbox
enter the date the Award Declaration was received in the ‘Received Date’ field
select ‘Paper’ or ‘Telephone’, as appropriate in the ‘Change Source’ field
select ‘Process’
take no further action.
If the customer has indicated their circumstances are not correct on the Award Declaration
select the ‘SOC - No’ checkbox
select ‘Yes’ in the ‘Signature’ checkbox
enter the date the Award Declaration was received in the ‘Received Date’ field
select ‘Paper’ or ‘Telephone’, as appropriate in the ‘Change Source’ field
select ‘Process’
take no further action.
If the customer has not selected either box on the Award Declaration to confirm their circumstances were correct
select the ‘SOC - Yes’ checkbox
select ‘Yes’ in the ‘Signature’ checkbox
enter the date the Award Declaration was received in the ‘Received Date’ field
select ‘Paper’ or ‘Telephone’, as appropriate in the ‘Change Source’ field
select ‘Process’
take no further action.